Suppose you are the new controller of a small but growing company and you find that the firm has a policy of paying cash for all purchases of goods even though it could obtain credit. The president of the company does not like the idea of having debts, but the vice president thinks this is a poor business policy that will hurt the firm in the future. The president has asked your opinion. Would you agree with the president or the vice president? Why? In order to earn full credit on the assignment, you must post both your own write- up and respond to another student's write-up. Your write-up should be one to three *short* paragraphs in length (depending on the nature of the Discussion question), and should address the Discussion within the context of the manufacture of your approved product. The other half of the Discussion grade comes from your answer to someone else's write-up. Unless the instructions for the Discussion say otherwise, your response may take one of two forms: 1. State three ways in which you agree and/or disagree with original poster's answer, and provide support for your answer [i.e. "I disagree about variable costs." is not a supported answer, whereas, "I agree that the ice cream shop should include ice cream, cones, and cone wrappers in its variable cost calculations, since those costs change as the number of ice cream cones produced changes." is.] 2. Compare and contrast your answer regarding your product to that person's answer regarding their product.

Suppose you are the new controller of a small but growing company and you find that the firm has a policy of paying cash for all purchases of goods even though it could obtain credit. The president of the company does not like the idea of having debts, but the vice president thinks this is a poor business policy that will hurt the firm in the future. The president has asked your opinion. Would you agree with the president or the vice president? Why? In order to earn full credit on the assignment, you must post both your own writeup and respond to another student's write-up. Your write-up should be one to three "short" paragraphs in length (depending on the nature of the Discussion question), and should address the Discussion within the context of the manufacture of your approved product. The other half of the Discussion grade comes from your answer to someone else's write-up. Unless the instructions for the Discussion say otherwise, your response may take one of two forms: 1. State three ways in which you agree and/or disagree with original poster's answer, and provide support for your answer li.e, "I disagree about variable costs." is not a supported answer, whereas, "I agree that the ice cream shop should include ice cream, cones, and cone wrappers in its variable cost calculations, since those costs change as the number of ice cream cones produced changes." is.] 2. Compare and contrast your answer regarding your product to that person's answer regarding their product