Beacon Company

Why do you think the CEO decided to report 4 ratios instead of the 11 prepared? Comment on the possible consequences of the CEO’s reporting of the ratios selected.

Chapter 13 Ethical Issue As Beacon Company controller, you are responsible for informing the board of directors about its financial activities. At the board meeting, you present the following information. 2017 2016 2015 Sales trend percent 147.0% 135.0% 100.0% Selling expenses to sales 10.1% 14.0% 15.6% Sales to plant assets ratio 3.8 to 1 3.6 […]

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