FOUND.OF FINANCIAL MANAGEMENT-ACCESS
FOUND.OF FINANCIAL MANAGEMENT-ACCESS
17th Edition
ISBN: 9781260519969
Author: BLOCK
Publisher: MCG
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Chapter 7, Problem 9DQ

What does the EOQ formula tell us? What assumption is made about the usage rate for inventory? (LO7-5)

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Analyze the attached general ledger and balance sheet to see if the current assets and general ledger are accurate. Why or why not? Analyze the attached ledger and balance sheet and determine if the long-term assets and ledger are accurate.  Why or why not?
What are the appropriate depreciation methods for the company, and how can we determine this based on the attached general ledger? Based on these records, what strategy would be recommended to increase profitability and maintain strong liquidity?
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