1. sarah, the controller of a large beverage supplier, supervises two employees. her boss, vladimir, instructs her to increase the company’s inventory balance for an amount that is material to the financial statements by crediting several small "miscellaneous" expense accounts. she does not understand why he wants her to make these entries but immediately directs one of her staff to make them because she has been instructed to do so. which statement best describes sarah’s actions? (a) sarah failed to consider the rules of other regulators.(b) sarah failed to ensure that her staff was competent to make the entries.(c) sarah failed to evaluate a potential ethical issue.(d) sarah failed to refer the matter to the aicpa ethics hotline.

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.

Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.