Beruflich Dokumente
Kultur Dokumente
Problem 1a
Ratio Analysis
Problem 1b
Problem 1c
Inventory
Turnover
Gross Prot
Days
Inventory
on
Hand
Net Sales
Inventory Turnover
The
company
kept
a
large
number
of
inventory
to
eec=vely
competed
with
another
company.
The
company
may
changed
its
inventory
policies.
The
company
may
changed
the
accoun=ng
methods
for
its
inventories.
The
company
may
successfully
reduced
the
cost
for
making
the
product.
Possible
misstatement(s)
(understated
cost
of
goods
sold
and/or
overstated
inventory).
Thank You