The controller of Ruiz Co. believes that the yearly allowance for doubtful accounts for Ruiz Co. should be 2% of net credit sales. The president of Ruiz Co., nervous that the stockholders might expect the company to sustain its 10% growth rate, suggests that the controller increase the allowance for doubtful accounts to 4%. The president thinks that the lower net income, which reflects a 6% growth rate, will be a more sustainable rate for Ruiz Co.
(a) Who are the stakeholders in this case?
(b) Does the president’s request pose an ethical dilemma for the controller?
(c) Should the controller be concerned with Ruiz Co.’s growth rate? Explain your answer.
Europe. So as to investigate its precise definition, history, and social essentialness, the accompanying passages will be composed. The Silk Road was not given its name to no end. During its season of utilization, silk was a profoundly rewarding item along its courses. Silk, you can say, weaved together these numerous areas regarding business and even social trade. Be that as it may, the name itself was not instituted until the nineteenth century by Ferdinand von Richthofen. He made the term during his campaigns to China from 1868 to 1872. Notwithstanding this, the term was not made known to the scholarly world until the twentieth century, when geographer Sven Hedin composed a book titled "The Silk Road" in 1938. Lastly, after the fall of the Soviet Union, scholastics in that area became included progressively in the investigation of the exchange courses of Central Asia ("Silk Road in Rare Books"). In spite of the fact that China is frequently alluded to as the focal center point of the Silk Road, the historical backdrop of the system started in Persia. As indicated by the Ancient History Encyclopedia, "The historical backdrop of the Silk Road pre-dates the Han Dynasty by and by, in any case, as the Persian Royal Road, which would come to fill in as one of the principle conduits of the Silk Road, was set up during the Achaemenid Empire (500-330 BCE). The Persian Royal Road ran from Susa, in north Persia (cutting edge Iran) to the Mediterranean Sea in Asia Minor (current Turkey) and highlighted postal stations along the course with new ponies for emissaries to rapidly convey messages all through the realm. The Persians kept up the Royal Road cautiously and, in time, extended it through littler side streets" (Mark, Joshua J.). After Alexander the Great vanquished the Persians, and the Han Dynasty utilized western ponies to win wars against the roaming clan Xiongnu, the exchange courses the Persians made were then utilized by China under the support of Emperor Wu. Realizing that the realm had won their fights because of a predominant western steed, China opened up for exchange—wanting to perceive what else they could pick up (Mark, Joshua J.). This was only the beginning of hundreds of years of broad exchange between many countries and domains, which pulled in everybody from the Roman Empire, the Byzantine Empire, India, Mesopotamia, and other noteworthy areas. With every one of these regions participate on exchange, a social trade will undoubtedly occur. Truth be told, it is said that the main individual to set up The Silk Road, General Zhang Qian, was on a strategic crucial. As per UNESCO, "Social collaboration was a crucial part of material trade. Additionally, numerous explorers wandered onto the Silk Roads so as to participate in this procedure of scholarly and social trade that was occurring in urban communities along the courses. Information about science, expressions and writing, just as artworks and innovations was shared over the Silk Roads, and along these lines, dialects, religions and societies created and impacted one another" ("Silk Roads Dialog, Diversity and Development"). It very well may be said that the social trade between countries was similarly as important as the exchange of merchandise, or much more so. Building up the Silk Road was one of the initial moves towards globalization. The valued history of The Silk Road is one of worldwide essentialness. Beginning as a Persian exchanging arrangement of courses, after Persia fell under the might of Alexander the Great, China utilized pieces of the first courses to bring stupendous social trade and the exchanging of products from far compasses of the East toward the West to initially profit itself—later getting favorable for different countries. The Silk Route was utilized for around 500 years, and was maybe the primary enormous advance towards globalization. Works Cited "Silk Road in Rare Books." About Khiva | The Journey to Khiva, the World Heritage in Silk Road through Old Photographs, dsr.nii.ac.jp/rarebook/02/index.html.en. Imprint, Joshua J. "Silk Road." Ancient History Encyclopedia, Ancient History Encyclopedia, 3 Dec. 2018, www.ancient.eu/Silk_Road/. "Silk Roads Dialog, Diversity and Development." UNESCO, en.unesco.org/silkroad/about-silk-street.>GET ANSWER