Assignment QUES Ons . 1. Comment on FEyton's recent nancial performance* 2. Quan fy the impact of the accounting policy , and es mate changes being proposed by MENEilly on FY201 5's earnings re reported under FEyton's Exis nig policies and ES mates. 3. IS MENEilly correct in her assump on that " conserva'VE" account my during the current di cult period will be viewed } JOE'S public a few years down the road ?" 4. Can you think of any reasons why Peyton might be be Er served by slightly more aggressive accounting policies in 2015 write - downs ;, in light of the proposed I FO in 20 1 6 or 201 7 ? 5. When should the restructuring charge be recognized ?" What are the pros and cons of recognizing the restructuring charge compared to recognizing it earlier or later?"