A write down of the value of inventory to its net realizable value will have a positive
Question:
A write down of the value of inventory to its net realizable value will have a positive eff ect on the:
A . balance sheet.
B . income statement.
C . inventory turnover ratio.
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Step by Step Answer:
C is correct Activity ratios for example inventory turnover and total asset turnover will ...View the full answer
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Related Book For 
International Financial Statement Analysis Workbook
ISBN: 9781119628095
4th Edition
Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie
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