Response to the following problem:
Lee Camden, president of Camden Equipment Co., prepared a draft of the Management Discussion and Analysis to be included with Camden Equipment Co.'s 2007 annual report. The letter mentions a 10% increase in sales and a recent expansion of plant facilities, but fails to mention the net loss of $180,000 for the year. You have been asked to review the draft for the annual report.
How would you respond to the omission of the net loss of $180,000? Specifically, is such an action ethical?