Hansen company uses the periodic inventory method and had the following inventory information available: units unit cost total cost 1/1 beginning inventory 100 $3 $300 1/20 purchase 500 $4 2,000 7/25 purchase 100 $5 500 10/20 purchase 300 $6 1,800 1,000 $4,600 a physical count of inventory on december 31 revealed that there were 380 units on hand. answer the following independent questions. 1. assume that the company uses the fifo method. the value of the ending inventory at december 31 is $enter the value of the ending inventory in dollars 2. assume that the company uses the average cost method. the value of the ending inventory on december 31 is $enter the value of the ending inventory in dollars 3. assume that the company uses the lifo method. the value of the ending inventory on december 31 is $enter the value of the ending inventory in dollars 4. (a) determine the difference in the amount of income that the company would have reported if it had used the fifo method instead of the lifo method $enter the amount of difference 4. (b) would income have been greater or less?

Each of the following scenarios is based on facts in anactual fraud. categorize each scenario as primarily indicating (1) anincentive to commit fraud, (2) an opportunity to commit fraud, or(3) a rationalization for committing fraud. also state your reasoningfor each scenario.a. there was intense pressure to keep the corporation ' stock from declining further. this pressure came from investors, analysts,and the ceo, whose financial well-being was significantly dependent on the corporation ' s stock price.b. a group of top-level management was compensated (mostly in the form of stock-options) well in excess of what would be considered normal for their positions in this industry.c. top management of the company closely guards internal financial information, to the extent that even some employees on a “need-to-know basis” are denied full access.d. managing specific financial ratios is very important to the company, and both management and analysts are keenly observant of variability in key ratios. key ratios for the company changed very little even though the ratios for the overall industry were quite volatile during the time period.e. in an effort to reduce certain accrued expenses to meet budget targets, the cfo directs the general accounting department to reallocate a division’s expenses by a significant amount. the general accounting department refuses to acquiesce to the request, but the journal entry is made trough the corporate office. an accountant in the general accounting department is uncomfortable with the journal entries required to reallocate divisional expenses. he brings his concerns to the cfo, who assures him that everything will be fine and that the entries are necessary. the accountant considers resigning, but he does not have another job lined up and is worried about supporting his family. therefore, he never voices his concerns to either the internal or external auditors.f. accounting records were either nonexistent or in a state of such disorganization that significant effort was required to locate or compile them.

You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."

Who has summer school : ( because i do : (