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Strategies & Market Trends : Rande Is . . . HOME
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To: Bucky Katt who wrote (48780)3/10/2001 6:59:48 PM
From: Tradelite  Read Replies (1) of 57584
 
Mr. Jepson, re: cooking the books.
I have a question perhaps you can address.
During Christmas vacation, my younger college guy worked a bit at Abercromie & Fitch...his first real job.

His first paycheck was more than $200 and he received that paycheck before the end of December.

Then, in January, after he had gone back to school, he got a small paycheck of about $35.

In short, he got the big paycheck first.....during year 2000, and the little paycheck later, during 2001....yet the W-2 form provided by ANF claimed that his only compensation in year 2000 was the little $35 paycheck received in 2001.

Didn't make sense.....makes me suspect ANF was giving the appearance of forwarding some payroll expenses into the New Year to make 2000 earnings look better. Is this common for a retailer? Is it kosher?
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