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Describe the inventory system used by your chosen company. Explain the inventory costing method used by your chosen company and its implications ( e .
Describe the inventory system used by your chosen company. Explain the inventory costing method used by your chosen company and its implications eg FirstInFirstOut FIFO LastInFirstOut LIFO or Weighted Average Cost Analyze the inventory management strategies, and evaluate the effectiveness of these strategies in maintaining optimal stock levels and meeting customer demand. Provide an analysis of how your chosen companys strategies in managing accounts receivables, and bad debts contribute to its overall financial health. Evaluate how the company mitigates the risk of bad debts. Evaluate the impact of its practices on the chosen companys ability to meet shortterm and longterm obligations. Consider any risks associated with the companys current strategies. Discuss how your selected company has implemented and disclosed corporate governance in its latest annual report, with reference to two principles included in the ASX Corporate Governance Principles and Recommendations. Hint: Eight principles are provided for publicly listed Australian
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