Improve gross profit-operating profit and net profit margins

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Reference no: EM13754519

1. Corporations have numerous methods of “manipulating” their books. Some methods are legal some methods are not legal. Based upon your reading in the book, your research on the internet and previous classes please discuss the methods you, as a financial manager could improve gross profit, operating profit and net profit margins.

2. Scenario: Enron utilized Special Purpose Entities (SPE) in the Cayman Islands to significantly improve its sales and income. AIG and others have used offshore insurance contracts to “smooth out” their earnings. Is it unethical if these corporations enter into a contract with a non-related corporation to accomplish these goals? Explain.

Reference no: EM13754519

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