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The following information was taken from the 2012 annual report of Bed Bath & Beyond, a leading house hold retailer (dollars in thousand):
2011
COGS: 5,568,957
Inventory: 2,071,890
Accounts Payable: 752,064
2012
COGS: 6,525,880
Inventory: 2,466,264
Accounts Payable: 913,365
Assume that accounts payable reflects only accounts with inventory suppliers, and compute the cash payments made to suppliers during 2012. Show the T-account for Accounts Payable.
Evaluate the percentage change in sales and net cash flow
Heyden Motion Solutions ordered $7 million worth of seamless tubes for its drill collars from the Timken Company of Canton, Ohio. (A drill collar is the heavy tubular connection between a drill pipe and a drill bit) At 12% per year, compounded semian..
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Which of the following is not true for a firm with high operating leverage?
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