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How much is cvs reserve for estimated inventory losses

Assignment Help Financial Accounting
Reference no: EM131653329

Assignment- Examining Inventory Turnover and Days Inventory on Hand

• Provide a solid 1-page paper and address the following 2 questions.
• Check Spelling and Grammar
• APA 6th Edition

Concepts

For CVS:

1. What inventory methods does CVS use to value its inventory: is it the same or different from what Walgreen's uses? If it is different how will that impact the financial statements?

2. How much is CVS' reserve for estimated inventory losses?

Reference:

Text: Financial Accounting: Tools for Business Decision Making
Author: Kimmel, Weygandt, Kieso
Publisher: Wiley
Ed/Year: 7th/2013
ISBN-13 (hard cover): 978-1118162286
ISBN (e-text): 978-1118562178

Morning Star Financial History

Directions for Locating the Data for the Five Year Information

1. financials.morningstar.com/ratios/r.html?t=CVS

2. Select Key Ratios

3. Scroll Down to the Section your need:

A. Profitability

B. Growth

C. Cash Flow

D. Financial Health

E. Efficiency Ratios.

Reference no: EM131653329

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