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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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9780135717462
2nd Edition
Authors: Eddie McLaney, Peter Atrill
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