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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.
mel oconnor owns rental properties in michigan. each property has a manager who collects rent arranges for repairs and
Fast-Forward has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by owners in exchange for stock of $6,000. Its ending equity is:
Alex also informs you that, under the current scheme, 70% of the firm's total overhead is allocated to his product. a. Computer the firm's total overhead cost and the overhead rate.
salaried employee was laid off... hr didnt relay the message to corporate payroll office. for the next four week the ex
on the first day of its fiscal year woodard company issued 12000000 of 10-year 8 bonds to finance its operations of
emeril corporation encounters the following situations1. emeril collects 1000 from a customer in 2010 for servicesto be
pureform inc. manufactures a product that passes through two departments. data for a recent month for the first
assume that the boehm furniture companyu2019s chief financial officer gave you the following information net sales
Kendra, Cogley, and Mei share income and loss in a 3:2:1 ratio. The partners have decided to liquidate their partnership. On the day of liquidation their balance sheet appears as follows Prepare journal entries for
on january 1 2012 bailey industries had stock outstanding as follows6 cumulative preferred stock 118 par value issued
sovereign millwork ltd. produces reproductions of antique residential moldings at a plant located in manchester
at a total cost of 2000000 stieg corporation acquired 160000 shares of larson corp. common stock as a long-term
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