RESEARCH PAPER The report is intended to give you experience in two areas: Use of accounti
I need the solution to the following three questions. Please go through the attachment. Please get this to me in 2 hours.
What arguments might the SEC make for disagreeing with the Company?
What alternatives might the SEC offer which might be an acceptable compromise position for the Company? What do you think is motivating the Company to want to account for the transaction this way and if they cannot, what might be the future accounting implication.