Principles of Financial Accounting.
Principles of Financial Accounting.
22nd Edition
ISBN: 9780077632892
Author: John J. Wild
Publisher: McGraw Hill
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Chapter 19, Problem 2BTN

1.

To determine

Identify the impact on operating cash flows for changes in inventory levels for both companies for each of the three most recent years.

2.

To determine

Explain the impact of JIT inventory system on the operating income of both the companies.

3.

To determine

Explain whether the JIT system would have a one time or recurring impact on operating cash flow.

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The KEY to Understanding Financial Statements; Author: Accounting Stuff;https://www.youtube.com/watch?v=_F6a0ddbjtI;License: Standard Youtube License