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Chapter 6: accounting ( does not require numbers, just practice) Understand effects of increasing prices and which method (FIFO, LIFO, Average Cost) result in lowest
Chapter 6:
accounting ( does not require numbers, just practice)
- Understand effects of increasing prices and which method (FIFO, LIFO, Average Cost) result in lowest COGS and amount of income taxes paid (HINT: which one results in lowest NI)
- Calculate inventory turnover ratio
- Calculate days in inventory
- Calculate COGS
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Management And Cost Accounting Tools And Concepts In A Central European Context
Authors: Andreas Taschner, Michel Charifzadeh
1st Edition
3527508228, 978-3527508228
