Question
Calculate the 2015 Samsung inventories amount as a percentage of that years (i) total current assets, and (ii) total assets. Round your percentages to one
Calculate the 2015 Samsung inventories amount as a percentage of that years (i) total current assets, and (ii) total assets. Round your percentages to one decimal place each, e.g. 88.8%.
Comment on the materiality of such percentages to accountants and auditors.
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
