As Edwards Company controller, you are responsible for informing the board of directors about its financial activities. At the board meeting, you present the following information: Sales trend percent Selling expenses to sales Sales to plant assets ratio Current ratio Acid-test ratio Inventory turnover Accounts receivable turnover Total asset turnover Return on total assets Return on equity Profit margin ratio 2021 147.0% 10.1% 3.8 to 1 2.9 to 1 1.1 to 1 7.8 times 7.0 times 2.9 times 10.4% 10.7% 3.6% 2020 135.0% 14.0% 3.6 to 1 2.7 to 1 1.4 to 1 9.0 times 7.7 times 2.9 times 11.0% 11.5% 3.8% 2019 100.0% 15.6% 3.3 to 1 2.4 to 1 1.5 to 1 10.2 times 8.5 times 3.3 times 13.2% 14.1% 4.0% After the meeting, the company's CEO holds a press conference with analysts in which the following ratios were mentioned: 2021 2020 2019 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 to 1 3.3 to 1 Current ratio 2.9 to 1 2.7 to 1 2.4 to 1 Directions: Answer each question below with a well-developed paragraph (approximately 3 to 5 sentences). Use correct spelling, punctuation, and grammar. 1. Summarize the ethical issue or problem; be sure to include any relevant details provided in the scenario. 2. Describe potential unintended or intended consequences. What else could happen or who else could be impacted? 3. Recommend a potential alternative that could be taken in order to act in an appropriate and ethical manner