Explain why the accrued vacation liability is a difficult number to calculate. You may use an example for descriptive purposes. Explain how the accrued vacation liability and the vacation expense impacts the balance sheet and income statement. Which financial ratios may be affected by these balances (list 3)? Why is volatility in these numbers concerning? To whom are they concerning? You may use an example for descriptive purposes. Explain how volatility in the financial statements could impact the share prices of a companies stock? Based on the information in the case provided above, how important is a company's environment in the decision to implement change? Explain why the accrued vacation liability is a difficult number to calculate. You may use an example for descriptive purposes. Explain how the accrued vacation liability and the vacation expense impacts the balance sheet and income statement. Which financial ratios may be affected by these balances (list 3)? Why is volatility in these numbers concerning? To whom are they concerning? You may use an example for descriptive purposes. Explain how volatility in the financial statements could impact the share prices of a companies stock? Based on the information in the case provided above, how important is a company's environment in the decision to implement change