Small leaf resort and cresgrove resort are established hotels in the hospitality industry. however, small leaf resort has a larger net profit than that of cresgrove resort. in order to remain financially viable in the hospitality market, cresgrove resort decides to charge more for their rooms and other services. in this scenario, which of the following best explains the reason behind cresgrove resort incurring losses? a. cresgrove resort hires employees belonging to the age group of 15 to 20 b. cresgrove resort has high labor-related expenses c. cresgrove resort considers its employees as resources. d. cresgrove resort has better quality and customer service than small leafresort.

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?