Stock Buybacks are Eating our Lunch!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Video Updates.

According to The Atlantic, a new report finds that big companies could have given their workers thousands of dollars’ worth of raises with the money they spent on their own shares. Questions: 1. Where is money pulled away from when companies use it to buy back stock? 2. Which industries were part of the study?… Read more »

Stagnant Wages

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Income Taxes, Managerial Accounting, Uncategorized.

According to the Bureau of Labor Statistics, wages fell over the last year for ordinary, non-management workers. This is further evidence that companies are managing to avoid paying amid one of the tightest labor markets in decades. Questions: 1. What was the fall in wages from June 2017 to June 2018? 2. In two sentences,… Read more »