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get answer and solve problems need analisys in tis to homework for friday 10 of june 2016 before 6;00 pm Jos odr9uez, Vice President of

get answer and solve problems need analisys in tis to homework for friday 10 of june 2016 before 6;00 pm

image text in transcribed Jos odr9uez, Vice President of Finance, and Victoria Figueroa. Comptroller of the Coffee company Rico. Are reviewing the \"ratios\" financial company , For the years 2014 _ 'l 201 s. Vice President of Finance notes that the profit margin in proportion of \\ Profit margin on sales ration) increased 6 % or 12 costs or, to gain considerable for the period of 2 years. Rodriguez z is in the process of issuing a press release that emphasizes efficiency Caf Rico in control costs. Victoria figueroa known that the difference in the ratios (ratios .. ) must be principalmente a company decision to reduce I will go estimated costs warranties and bad debts ( \"warranty and bad debt expenses\") for 2015. Victoria Fiqueroa (controller) is not sure of Finance supervisor reasons: Rodriguez hesitate to propose the improvement of the company it is not related to the efficient cost control. ; for compliance issue, the press conference is scheduled to be issued in a few days. Instructions: a. Choose whether there is an ethical dilemma in this situation and what should be. b. In the case of Victoria (controller), which remains silent, ,, I give as reasons why or why this silence is due and indicate whether this behavior is correct, if justify c. Os investors and / or shareholders may be affected by the press release publish Mr. Rodriguez. Yes or no 'why? d. Give your opinion on the following quote: '' Rodriguez. E \\ vice president. It's responsible you direct of publ cation in in the media on economic performance. Victory It has no real responsibility in this matter. ' ( answer has to be based with the theoretical elements discussed in class on the principle of Full Disclosure . Weightlifting Club UMET # 308 offers memberships for a year. Registration fees are paid in full at the beginning of the period of each membership or individual membership. As an incentive to new partners, UMET # 308 has announced that customers of new entrants who is dissatisfied with the service club, regardless of reason, may request a refund ($) of their quota for time not used in the year. For example, if a paying one-year membership in advance customer decides to leave the club to four (4) months after starting, then the Club reimburses ($) eight (8) months detracted from its membership one year. As a result of this policy, Pepe Truco, corporate comptroller Club, recognizes revenue ratably over the life of the membership. Weightlifting Club UMET # 308 is in the process of preparing its financial statements year end. Tutti Garanveta, treasurer UMET # 308, is concerned about the company's performance this year, which in his view is "very mediocre". In reviewing the financial statement prepared Pepe, Pepe says, "that recognizes revenue when quotas memberships (payments) received". Instructions: to. Arises whether there is an ethical dilemma in this situation and what should be. b. What should the Treasurer, Tutti Garanveta? c. It defines the Principle of Revenue Recognition as well defined by the FASB. d. Give your opinion on the following quote: "that occurs when there is a change in how to recognize revenue." Note: Any response must be substantiated with theoretical elements Discussi-mitted in class on the principle of "Revenue recognition

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