• Review the U.S. House of Representatives Downloadable U.S. Code, located at http://uscode.house.gov/download/title_11.shtml, and review the bankruptcy laws of the United States. Be prepared to discuss.

• Review the accounting ratios developed from the financial statements located at http://www.accountingcoach.com/online-accounting-course/03Xpg02.html#financial-ratios-1c. Be prepared to discuss.

From the e-activities just use what relevant to the highlighted topic please

• DQ#1 Compare and contrast compensation plans, such as restricted stock and stock appreciation rights, indicating the key differences with the accounting treatment. Determine the option that would have the least impact on a company's earnings. Recommend the choice that is the most advantageous to an employee.

• DQ#2Given the current regulatory environment for financial institutions, analyzing financial statement information is an important process and at the same time, the massive amount of information that creditors have to sort through can become unwieldy. Review the financial ratios in the text, and choose two that creditors would most likely use to make their lending decisions. Indicate a rationale for choosing each ratio. Discuss one way that management might manipulate the financial data to guarantee that the lending decision will be made in its favor.

• DQ#3 The debt to equity ratio is often relied upon by lenders and creditors as a measure of the riskiness of a company. How is this ratio interpreted? Are there any issues that should be considered when relying on this ratio?

• DQ#4 Stakeholders of a company must be aware of the limitations of relying on any specific ratio. Select one ratio and describe some concerns a user should have regarding the use of this ratio in making decisions.

• DQ#5 Financial leverage is generally defined as the use of borrowed funds to increase profits. Financial risk is more broadly defined to include the risk of default. What is the relationship, if any, between Financial Risk and Financial Leverage?