User Account

All Pages

Discuss whether or not lou actions are ethical

Assignment Help Accounting Basics
Reference no: EM131719172

Question - Lou Hoskins is the CFO of Gold Coast Mining Corporation. Preliminary analysis of the current quarter's financial statements shows a significant decrease in the company's profitability. Lou owns a significant amount of Gold Coast Mining Corporation's stock and is afraid that the value of the stock will decrease after the financial statements are released to the public. In an effort to mitigate his losses, Lou sells half of his stock before the statements are released to the public.

1. Discuss whether or not Lou's actions are ethical.

2. Are there any potential consequences to Lou's actions and if so, who would be affected by these consequences?

Reference no: EM131719172

Questions Cloud

Describe the types of systems described in this case study : How do these systems support decision-making? Identify 3 different decisions that can be supported by these systems.
Unemployment and inflation : Nominal GDP was $14,830,400 in 2008, $14,418,700 in 2009, and $14,783,800 in 2010. The Price Index was 99, 100, 101 in 2008, 2009
Define how is the christianity of europe contributions : How is the Christianity of Europe contributions to the world from 3500 BCE to 1500 CE influence the world's today
Describe in detail the issue facing the organization : describe and analyze an issue, experienced by an (your observation at public place)/ some organization, which requires, required, or will require a resolution
Discuss whether or not lou actions are ethical : Lou Hoskins is the CFO of Gold Coast Mining Corporation. Discuss whether or not Lou's actions are ethical
Draw a pie chart to represent the data : In 2006 the age distribution for mothers in the United States who had a first child that year was as follows (Martin et al., p. 31).
Contrast the algerian national movement : Compare and contrast the Algerian National Movement with the Palestinian National Movement
Phrase criticism or suggestions for change in positive light : In a recent training, they told us to phrase criticism or suggestions for change in a positive light.
Describe a detailed analysis of the organizations culture : Describe a detailed analysis of the organization's Explain how the organization's culture reflects on the external communication.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd