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Computation and evaluation of activity ratios. The following data relate to Alaska Products, Inc:
20X5 20X4Net credit sales $832,000 $760,000Cost of goods sold 530,000 400,000Cash, Dec. 31 125,000 110,000Average Accounts receivable 205,000 156,000Average Inventory 70,000 50,000Accounts payable, Dec. 31 115,000 108,000
Instructionsa. Compute the accounts receivable and inventory turnover ratios for 20X5. Alaska rounds all calculations to two decimal places.
Why is a code of conduct important? What should it contain and in the long run, many agencies will adopt an automated tool to assist in the documentation, testing and evaluation of internal control. Why is that?
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Determine the basic EPS and the diluted EPS for Peak Performance
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