a. Jaclyn is going to the company’s primary bank to negotiate a line of credit and wants to show the maximum amount of income without actually changing last year’s results. What costing method of inventory(variable or absorption) should she choose? Why? b. If the bank requires GAAP financial statements, what method would Jaclyn choose? c. The bank sends her off with the comment. We need more net income for a couple of months before we can grant you the line of credit. Because Jaclyn projects no increase in demand for the company’s watches in the next few months, what options are available to her? D. Which option should she choose and why? Do you think the options are legal? Are they ethical?Read more: Jaclyn Rourke is the president and ceo of Parker company. Parker – JustAnswer http://www.justanswer.com/homework/2i7e5-jaclyn-rourke-president-ceo-parker-company-parker.html#ixzz1ygLsEPFM
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