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Briefly explain the concept behind inventory turnover and how management uses it to measure their performance in managing inventory/cash. Explain how the when measuring inventory across different companies what area of caution need to be considered when making this comparison
Secondly, explain why inventory as an item of working capital is only an estimate of the real cash flow that will be derived from inventory in the normal operating
Third, define the operating cycle from a cash management perspective, ie how do we measure "cash to cash" from inventory. Hint days in inventory is only one piece of this cycle.
Examine different types of organizational illegal activities, including cybercrimes and the impact to the organization. Use technology and information resources to research issues in forensic accounting.
A change from the cost method to the equity method of accounting for an investment in common stock resulting from an increase in the number of shares help by the investor requires:
Prepare the journal entry to record Autumn Company's issuance of 63,000 share of no-par value common stock assuming the shares;
comparative balance sheets for 2013 and 2012 a statement of income for 2013 and additional information from the
during its first year of operations henley company had credit sales of 3000000 600000 remained uncollected at year-end.
1.clean dirt inc had 8000 of salaries payable at december 31 2010. during 2011 clean dirts salary expense was 60000. at
Adverse selection problems increased in prominence in the 1980s - as deregulation required savings and loans and mutual savings banks to be more cautious.
A $1,000 bond, paying interest annually on December 31, is purchased on January 1 at 110 as a long-term investment. The life of the bond is 5 years. Prepare entries for the first year and use the straight-line method of premium amortization. Also..
jackie is considering buying a 2014 tesla model s costing 69900 and finds that the retaining values of the vehicle over
addison inc. made a 20000 sale on account with the following terms 210 n30. if the company uses the net method to
financial analysts typically measure financial leverage as the ratio of debt to equity. However, there is less agreement on how to measure debt, or even equity. How would you treat the following items in computing this ratio?
Reamer Company uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs for next year
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