The typical business has about 50 per cent more of its resources tied up in stock than

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The typical business has about 50 per cent more of its resources tied up in stock than in cash, yet there is no call for a ‘stock flow statement’ to be prepared. Why is cash regarded as more important than stock?

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Accounting And Finance For Non Specialists

ISBN: 9780135717462

2nd Edition

Authors: Eddie McLaney, Peter Atrill

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Question Posted: May 21, 2024 05:00 AM

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The typical business has about 50 per cent more of its resources tied up in stock than

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Accounting And Finance For Non Specialists

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