Obligations related to operating activities that will be paid within the company's operating cycle must be reported as current liabilities on a classified balance sheet

Which of the following is NOT an act of bankruptcy?

A) Juniper Limited gave notice to its creditors that it is about to suspend the payment of its debts. B) Jennifer has left the country in order to avoid meeting with creditors. C) Percy has ceased making credit card payments for the past three months. D) Tetra Limited presented in a meeting of its creditors, a statement showing that it is insolvent. E) All of the above are acts of bankruptcy

Describe how managers can manipulate EPS to increase they own compensation and give at least three examples

What will be an ideal response?