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Amy Martin is a student who plans to attend approximately four professional events a year at her college

Accounting Nov 15, 2021

Amy Martin is a student who plans to attend approximately four professional events a year at her college. Each event requires payment of $100 - $200 for a new suit and accessories. After incurring a major hit to her savings for the first event, Amy develops a different approach. She buys the suit on credit the week before the event, wears it to the event, and then returns it the next week to the store for a full refund on her charge card. a Response Requirements: Write a short report to summarize your thoughts about Amy's borrowed clothes approach: A. Comment on the ethics exhibited by Amy and possible consequences of her actions. B. Comment on how the merchandising company accounts for the suits that Amy buys. Site specific account names and financial statement effects. C. Comment on how the merchandising company accounts for the suits that Amy then returns. Site specific account names and financial statement effects. Note: Three paragraphs is enough. Four paragraphs is too much

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