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ethics and Challenge




Amy Martin is a student who plans to attend approximately 4 professional events a year after college. Each event necessitates a finacial outlay of $100 to $200 for a new suit and accessories. After incurring a major hit to her savings for the first event, Amy developed a deifferent approach. She buys the suit on credit the week before the event, wears it to the event, and returns it the next week to the store for a full refund on her charged card.;Required;1. Comment on the ethics exhibited by Amy and possible consequences of her actions.;2. How does the merchandising company account for the suits that Amy returns?;Elaborate in about 500 words, using references and examples.;Book: "Fundamental Accounting Principles" Vol. 1 Ch. 1-12 (John J. Wild, Ken W. Shaw, Barbara Chiappetta)


Paper#80343 | Written in 18-Jul-2015

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