100高分悬赏

Golf Challenge Corp. is a retail sports store carrying golf apparel and equipment. The store

is at the end of its second year of operation and is struggling. A major problem is that its cost of inventory

has continually increased in the past two years. In the first year of operations, the store assigned inventory

costs using LIFO. A loan agreement the store has with its bank, its prime source of financing,

requires the store to maintain a certain profit margin and current ratio. The store’s owner is currently

looking over Golf Challenge’s preliminary financial statements for its second year. The numbers are not

favorable. The only way the store can meet the required financial ratios agreed on with the bank is to

change from LIFO to FIFO. The store originally decided on LIFO because of its tax advantages. The

owner recalculates ending inventory using FIFO and submits those numbers and statements to the loan

officer at the bank for the required bank review. The owner thankfully reflects on the available latitude

in choosing the inventory costing method.

1. How does Golf Challenge’s use of FIFO improve its net profit margin and current ratio?

2. Is the action by Golf Challenge’s owner ethical? Explain

最好用英语回答

Yes, the action by Golf Challenge’s owner is mmoral. Because the calculation of LIFO is less than FIFO. For example, if the end is 450$ using LIFO, it may be 480$ using FIFO. Certainly it can increase the net profit of the store. But i think it is not ethical, actually it is an action of making a false report only to get up to the requirement of the bank. It will reflect the future development of the store, because the basic problem of the store has not been solved.

金山词霸

1：运行优化模式，以改善公司的内部操作流程，增加相关增值服务。降低成本，纯利增幅最大。 2：市场竞争如此激烈，该公司的行业内进行，但它只是一个运作模式。专门研究有关法律，咨询律师。纯粹的个人档案。参考。

1:Mode of operation optimization to improve the company's internal operations processes, increasing relevant value-added services. Reduce costs, the largest increase in net profit.

2:

Market competition is so fierce, the company's conduct within the industry, but its just a mode of operation. Specifically look into the relevant laws or consult with a lawyer. Purely personal profile. Reference.

I only know that to two problems are not aware of is that right? Golf industry throughout the world hundreds of provisions, the condensation of two glittering, one is "love", and the second is "integrity." A time when national master-studded occasion held Pine Valley Beijing Open, I would like to speak ill of Chinese society on the golf. China's current social mainstream of public opinion to give golf wealth, power, elite status and away from the public symbolic meaning. So a little white ball sharp conflict in society between rich and poor roll a few bumps and become a special cultural symbols. The campaign stems from the Scottish shepherd, the founders of modern golf Laotang Mumoruisi also came from poor artisans, then bring the sport to the United States under the apple tree is a group of wandering workers. Values of golf from the point of view, it does not have a special class attributes. It is a very strong movement of the game is an exercise is not a small game. Exposure to sunlight and green grass is particularly fascinating. Accusing it of evil as we have in the past have been criticized by a lot of good things interesting as frivolous. The world's golf community will be developed by the United Kingdom St Andrews golf course etiquette rules as a model, in the hundreds of provisions in great detail, the condensation of two brilliant light, one is "love", and the second is the "integrity . " Is in such a coincidence, this is not what we're building a harmonious society advocated by the spiritual essence of Yao! Golf is not the enemy offensive and defensive set. When the players get the ball carelessly into the surrounding woods, the same group of people the first thing to do is to help look for the ball, because the ritual provision at the outset the words "to be considerate for others." Golf without Tracking referee, each person's performance depends on self-reported, if the miscalculation or false report, this person may be no chance for life again with the event. The ball as it really is a person, a person's character, conduct and conservation are manifest in a ball. However, there is no established interpretation of golf boring concept, it seems to always be hidden unsolved mystery. Among the various sports, golf is so rich little rich cultural connotations. It is like a prism, when traversed the rugged 18-hole, when people see their wonderful glow. Thinkers see the philosophy of those who see the Zen meditation, Lai Jin who saw life, hardship and those who see open-minded. It is the perfectionist movement, every heart attack is a collision, both the nature of self-cultivation and raising. GDP per capita is only 2000 U.S. dollars 100 U.S. dollars needed to fight a country where the ball, with per capita GDP 30,000 U.S. dollars to fight a country where the ball just a few dozen U.S. dollars on the golf certainly understand qualitatively different. Golf a potential threat to society is the occupation of land resources. I have seen the worst of the playing field is a pull crop farm invasions in court. The best course is mostly located in the field and beach waterfront, it is put to good use on the environment ecology. I look forward to, whether playing or not playing, people will eventually adhere to a normal state of mind to go look at golf, but then society must have a calm and strong soul and courage

找了个翻译软件把上面的翻译过来时下面这段字 不能帮你找到答案 希望会的朋友直接看翻译后的给答案吧

高尔夫挑战赛公司是一家零售商店开展高尔夫球运动服装和设备。这家商店 在其运作的第二年年底是并且挣扎。一个主要的问题是，其成本清单 不断增加，在过去的两年。在第一年的业务，存储分配清单 费用使用后进先出。贷款协议的商店与银行，其资金的主要来源， 要求商店保持一定的利润率，流动比率。这家商店的主人是目前 回顾过去，高尔夫挑战赛的初步其第二年度财务报表。这些数字不 有利的。只有这样，该商店可以达到规定的财务比率同意与该银行的 从后进先出法改为先进先出。商店原本决定后进先出，因为它的税收优惠。那个 业主重新计算期末存货采用先进先出，并提交这些数字和贷款声明 官员在为所需的银行评论银行。业主感激地反映了现有的纬度 在选择存货成本计算方法

1。如何高尔夫挑战赛的使用先进先出改善其净利润率和流动比率？

2。是由高尔夫挑战赛的所有者行为道德吗？解释