Refer above.

Explain how applying a write-off affects the following years return-on-assets ratio can and relay ethical concern(s)?

ATC 9-5 Ethical Dilemma Making the ratios look good J. Talbot is the accounting manager for Kolla Waste Disposal Corporation. Kolla is having its worst financial year since its inception. The company is expected to report a net loss. In the midst of such bad news, Ms. Talbot surprised the company president, Mr. Winston, by suggesting that the company write off approximately 25 percent of its garbage trucks. Mr. Winston responded by noting that the trucks could still be operated for another two or three years. Ms. Talbot replied, "We may use them for two or three more years, but you couldn't sell them on the street if you had to. Who wants to buy a bunch of old garbage trucks, and besides, it will make next year's financials so sweet. No one will care about the additional write-off this year. We are already showing a loss. Who will care if we lose a little bit more?" Required a. How will the write-off affect the following year's return-on-assets ratio? b. How will the write-off affect the asset and income growth percentages? c. Explain how the components of the fraud triangle relate to this case. Design Elements: Abstract texture: (OIngram Publishing; Video Camera icon: (McGraw-Hill Education; Check mark: (McGraw-Hill Education; Look forward/backward icon: (McGraw-Hill Education; Globe icon: (McGraw-Hill Education; Globe with magnifying glass icon: (M)Graw-Hill Education; Pen and paper icon: CMcGraw-Hill Education; Group Assignment icon: CMcGraw-Hill Education; Ethics Cases icon: CMcGraw-Hill Education; Self-Study Review icon: (C) Design Pics/Don Hammond; and Point de la Coubre lighthouse near Roy, France: (C) Westend61/Getty Images