Questions (please prepare answers to be discussed in class) 1. What are the main contributors (causes) of the crisis at ChassisCo’s Athens plant in late 2004 (14 months after STOP)? a. ChassisCo’s responsibility? b. Toyota’s responsibility? 2. Considering these causes: a. What are ChassisCo’s options for resolving the crisis? b. What would you do if you were in charge? 3. Considering these causes: c. What are Toyota’s options for resolving the crisis? d. What would you do if you were in charge?

If tracking employees through technology is not illegal, why should megan be concerned if she is not involved in any misconduct?

The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.