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Shoe Business, Inc: A Practice Set for Understanding Annul Reports
Shoe Business Inc A Practice Set for Understanding Annul Reports Author:William R. Pasewark, Timothy J. Louwers Shoe Business, Inc. is a delightful company with plenty of financial problems. Sales actually decreased, but net income rose over 400%! It's up to students to find out what the company is doing wrong. This humorous practice set is, however, a serious learning experience, focusing on the frequent over-emphasis of bottom-line net income by investo... more »rs. Attention is given to management's use of estimates and discretionary accounting methods to influence profitability.« less