Order Now

Accounting case study-toshiba case | Accounting homework help

Homework Paper Help

Finish Requirement 1-3

Requirement 1

a. Does the use of masking prices violate GAAP? Why? Is it appropriate for Toshiba to increase

profit (by the amount of the masking difference) at the time of supplying parts to ODMs? 

Why? When and how should Toshiba record the masking differences in its consolidated 

financial statements? Explain.

b. For the PCs that are manufactured by its subsidiary TIH, is it appropriate for Toshiba to record 

the masking difference as a reduction in the cost of goods manufactured? Why?

Requirement 2

a. Refer to the table of masking differences in the ‘Practice of Channel Stuffing’ section of the 

case. For each fiscal year from 2008 to 2014, compute the income misstatement and specify 

whether the reported income is overstated or understated. For simplicity, assume that there 

were no masking differences at the beginning of FY 2008. Present your answer in the 

following table:

FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014

Income misstatement

Overstated or understated?

b. The table of masking differences indicates that the total masking difference declined 

noticeably in FY 2010. Why do you think Toshiba’s management was willing to reduce the 

masking difference in FY 2010? The masking difference was again reduced sharply in FY 

2014. What could have caused that to happen?

Requirement 3

Assume that TTIP, a fully-owned subsidiary of Toshiba, purchased key PC parts and supplied 

them to Pegatron, an Original Design Manufacturer (ODM) in Taiwan, for assembling PCs. The 

price paid by TTIP was ¥24,000 per PC. However, to keep Pegatron from knowing TTIP’s true 

cost, the parts were supplied at the masking price of ¥84,000 per PC. In other words, the 

Continue to order Get a quote

Calculate the price of your order

Choose an academic level, add pages, and the paper type you want.
To reduce the cost of our essay writing services, select the lengthier deadline.
We can't believe we just said that to you.

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Why is Purdue Papers the Most Helpful Essay Writing Service for You?

  1. Custom-written and plagiarism-free papers: Our authors create their work from scratch. Before presenting them to clients, we routinely verify them for signs of plagiarism. Our quality assurance group also double-checks and fixes any grammatical errors, assuring that all of our authors adhere to the same standards of writing.
  2. The significance of timely delivery cannot be overstated, and we consistently strive to meet or exceed our clients' deadlines. Regardless of the short time frame, you can count on our writers to get the job done. We always have a team of writers ready to go, even if the deadline is only six hours away.
  3. Customer Satisfaction: Our customer service representatives are the best in the business and have a wealth of knowledge in dealing with clients. All our customer service representatives are trained to listen and reply promptly until you are satisfied with their service. To ensure you're happy, our expert writers will strictly follow the criteria to generate a special report. Our customer service may be contacted by chat, email, or phone. In addition, we provide round-the-clock assistance to all of our clients.
  4. Confidentiality: Our systems are safe, and your information is always protected. We're constantly looking for new facts when it comes to finishing your work. We use a safe and secure payment channel. Since our ordering process is completely anonymous, you don't have to provide any credit card information to place a purchase with us.
  5. Highly Trained Authors: Our writers have received extensive training and are committed to delivering only the best papers. They are fluent in APA, MLA, HARVARD, IEEE, CHICAGO, and AMA referencing styles. To meet your expectations, our skilled writers always pay close attention to your instructions.
  6. Lowered prices: We have set prices that are already discounted. Our prices are the best and affordable for all our esteemed customers.

Let Professionals Take Care of your Academic Paper

Order Now