In this discussion, you will discuss the following article: https://www.cfo.com/news/why-the-big-three-put-too-many-cars-on-the-lot/667556/

You do not have to answer every question. For many of these questions there is not a correct answer. You can argue from multiple perspectives. Please do not repeat other students' posts.

How was absorption costing used to boost profits for the Big 3?

How did this affect the Big 3's future earnings?

Are the reported profits from absorption costing real economic profits?

Should GAAP allow absorption costing?

Was the decision to take advantage of absorption costing made in the best interest of shareholders?

Why did the managers take advantage of absorption costing?

What can be done to stop this practice?