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Ethics Case mpany is a pesticide manufacturer. Its sales declined greatly this year due to the passage utawing the sale of several of Russell's chemical

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Ethics Case mpany is a pesticide manufacturer. Its sales declined greatly this year due to the passage utawing the sale of several of Russell's chemical pesticides. In the coming year, Russell nmentally safe and competitive chemicals to replace these dscontinued products. Sales re expected to greatly exceed any prior year's. The decline in sales and profits appears ear aberration. But even so, the company president fears a large dip in the current year's EC3 R any is a pe to be profits. He believes and make the company a takeover target. es that stuch a dip could cause a significant drop in the market price of Russell's stock possibility, the company president calls in Zoe Baas, controller, to discuss this year-end adjusting entries. He urges her to accrue every possible revenue and to defer as many To avoid this expenses expenses deferred from this y to recording the adjusting rec as possible. He says to Zoe, "We need the revenues this year, and next year can easily absorb ear. We can't let our stock price be hammered down!" Zoe didn't get around entries until January 17, but she dated the entries December 31 as if they were orded then. Zoe also made every effort to comply with the president's request. Instructions a.Who are the stakeholders in this situation? b. What are the ethical considerations of (1) the president's request and (2) Zoe dating the adjusting entries December 31? c. Can Zoe accrue revenues and defer expenses and still be ethical

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