Baldrige National Quality Award / Problem Explanation

Baldrige National Quality Award / Problem Explanation

Go to the website of the Baldrige National Quality Award at http://www.nist.gov/baldrige/. Select one of the award winners from the most recent year and read about the company. Why did it win the award? List the characteristics of the organization and its performance resulted in the award. Essay One Page-Times New Roman-Font 12 Resources cited in APA format PROBLE #2 Electronics, Inc. is a high-volume, wholesale merchandising company. Most of its inventory turns over four or five times a year. The company has had 50 units of a particular brand of computers on hand for over a year. These computers have not sold and probably will not sell unless they are discounted 60 to 70%. The accountant is carrying them on the books at cost and intends to recognize the loss when they are sold. This way, she can avoid a significant write-down in inventory on the current year’s financial statements. Requirement: Half a page Explanation Is the accountant correct in her treatment of inventory? Why or why not? Provide two reasons why inventories of electronic equipment might have to be written down.