1. Explain why the balance for accrued PTO liability is difficult to calculate. You may...
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Accounting
1. Explain why the balance for accrued PTO liability is difficult to calculate. You may use an example. Explain how this liability and the associated compensation expense impacts the balance sheet and income statement.Which financial ratios may be affected by these balances (list 3)? Why is volatility in these numbers concerning? To whom are they concerning? You may use an example.
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