What do I want you to do? You will be reviewing the following business scenario and making informed ethical decisions: As Edwards Company controller, you are responsible for informing the board of directors about its financial activities. At the board meeting, you present the following information: 2021 Sales trend percent Selling expenses to sales 147.0% 2020 135.0% 2019 10.1% 14.0% 100.0% 15.6% Sales to plant assets ratio 3.8 to 1 3.6 to 1 3.3 to 1 Current ratio 2.9 to 1 2.7 to 1 2.4 to 1 Acid-test ratio 1.1 to 1 1.4 to 1 Inventory turnover 7.8 times 9.0 times 1.5 to 1 10.2 times Accounts receivable turnover 7.0 times 7.7 times 8.5 times Total asset turnover 2.9 times 2.9 times 3.3 times Return on total assets 10.4% 11.0% 13.2% Return on equity 10.7% Profit margin ratio 3.6% 11.5% 3.8% 14.1% 4.0% After the meeting, the company's CEO holds a press conference with analysts in which the following ratios were mentioned: 2021 Sales trend percent 147.0% Selling expenses to sales 10.1% Sales to plant assets ratio Current ratio 3.8 to 1 2020 135.0% 14.0% 3.6 to 1 2019 100.0% 15.6% 3.3 to 1 2.9 to 1 2.7 to 1 2.4 to 1 Why do I want you to do it? When making decisions on behalf of an organization, those decisions should be ethical ones. Ethical decisions are more sustainable, and less likely to have an adverse impact on the organization. Ethical decision making requires you to recognize an ethical issue, analyze the alternatives and consequences, and justify an appropriate action. How do I want you to do it? Answer each question below: 1. Summarize the ethical issue or problem; be sure to include any relevant details provided in the scenario. 2. Describe potential unintended or intended consequences. What else could happen or who else could be impacted? 3. Recommend a potential alternative that could be taken in order to act in an appropriate and ethical manner.