Joe Ringworth, Factory Supervisor at Winger Enterprises, Had Been Attending

question 140

Essay

Joe Ringworth, factory supervisor at Winger Enterprises, had been attending night classes to earn a degree in business. He was particularly puzzled by what one of his accounting professors had said in class the previous evening. The professor, who knew that Joe worked as a factory supervisor, had said that some of Joe's salary could end up on the company's balance sheet at the end of the month. This didn't make any sense to Joe since he gets the salary, not the company.
Required:
Explain to Joe why some of his salary could end up on the company's balance sheet at the end of the month.

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Definitions:

Hypothetical Syllogism

A logical argument composed of two conditional statements and a conclusion, based upon hypothetical scenarios.

Denying

The act of declaring something to be untrue or rejecting the validity of a claim.

Antecedent

An event, condition, or cause that logically or necessarily precedes another.

Standard Form

A commonly accepted or prescribed format for presenting an argument, document, or mathematical expression.