You are a graduate of USF’s accounting program and after several years in public accounting you accepted a position at a mid-size corporation in Tampa 8 months ago. Your immediate supervisor is another former USF student. While at USF you socialized briefly while in Beta Alpha Psi but had not seen this person until your interview. You feel that you were given the job because of this prior relationship.While reviewing the year-end financial statements with your supervisor she shared her concern about this year’s net income: company management had hoped for a 10% increase from 2023 to 2024, but the numbers support only a 5% increase.  Your supervisor is afraid that the company will miss analyst earnings forecast of $0.17 per share. She suggests a simple way to allow the company to meet analyst forecasts. Even though the company’s policy is to assess the value of inventory at lower of the cost or market for each inventory item individually, your supervisor suggests assessing the value of inventory at the product category level instead, which will result in a significantly smaller write-down of inventory and therefore an increase in net income. She argues that “we can always go back to the old policy next year.”  Required:Using the Framework for Understanding Ethical Decision Making in Business (in Ferrell and Fraedrich, Chapter 5  page 21 of the course readings), discuss factors other than ethical issue intensity that you believe would affect your decision whether to support/not support your supervisor on this issue.   

Describe the two types of information asymmetry and explain the impact of information asymmetry on stock prices. 

4A)  What medication is the first-line drug to be administered to this patient to treat this condition? (2 points)  4B)  List the two (2) beneficial physiological effects from this medication in this particular patient condition (2 points)  

Discuss how investors would respond to the company’s earnings if you agreed with your supervisor’s suggestion and the information became public. I expect a complete discussion, not just that stock prices will go up or down, but why. Use your knowledge of capital markets, agency theory, etc., to help explain the impact. 

Which of these is an important sort of knowledge that Hursthouse claims that those with phronesis possess?

Based on the abpve information, list three (3) legitimate differential diagnosis for the patient’s  altered mentation that is NOT related to her Alzheimer’s.  (3 points)

Hursthouse points out that modern virtue ethicists say that phronesis

List ten (10) causes for a seizure (0.5 points each, 5 points total).  Please list them vertically and NOT in one sentence.

During transport, your patient begins to seize.  Outline your treatment for the two (2) following possible situations:    (3 points) Patient situation #1:  The patient seizes for a TOTAL of 60 seconds: Patient situation #2:  The patient CONTINUES to seize after seven (7) minutes:

List six (6) differential diagnosis for the above patient.  (0.5 points each, 3 points total)