Why do you think the officers and managers waited until the auditors required it to write off the $70 million loan? Review Reading 4.12. What kinds of accounting tools were they using to make their earnings and share price better? Given FINOVA’s fate and its free-fall in stock price to a final price of $0.12, what issues did the executives miss in analyzing the decision to write down or not write down the loan? Whose interests were served by the decision?? p-9687