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The inventory turnover for an industry is 6 (every two months) but Slow Corp. turns over its inventory 4 times a year (every three months). If annual sales are $1,000,000 and the interest cost to carry inventory is 12 percent, what is the potential savings in interest expense if the firm achieves the industry for the turnover of its inventory
nash accounting services pays 2500 a month for a tax preparation software license. in addition variable charges
the comparative statements of osborne company are presented here.osborne company income statements for the years ended
On the basis of the information above, determine the present value of the pension obligation (liability).
A fire station that the city of plenty constructed many years ago is sold and is accounted for as an other financing source. Where should entries be made?
the controller of sagehen enterprises believes that the company should switch from the lifo method to the fifo method.
search the internet e.g. a companys website or sec.gov and find an audit report for a companys
kelm company purchased a new machine on october 1 2010 at a cost of 120000.the company estimated that the machine will
bluestone company had three intangible assets at the end of 2014 end of the accounting yeara. a patent purchased from
abc company had total assets of 500000 and total liabilities of 200000 at january 1 2001.at december 31 2001 abc
at a total cost of 2000000 stieg corporation acquired 160000 shares of larson corp. common stock as a long-term
austin incurs 3600 for business meals while traveling for his employer tex inc. austin is reimbursed in full by tex
a business may find it that they have excess cash required for some future data so will invest some of the cash in
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