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Goldman Sachs is implementing Lean accounting principles. Requirements: Calculate the Cost per Transaction for processing 100,000 transactions, with total costs of $500,000. Recommend methods to

  • Goldman Sachs is implementing Lean accounting principles.
  • Requirements:
    • Calculate the Cost per Transaction for processing 100,000 transactions, with total costs of $500,000.
    • Recommend methods to reduce the Cost per Transaction.
    • Explain how reducing the Cost per Transaction supports Lean accounting at Goldman Sachs.
    • Discuss the impact of transaction costs on Goldman Sachs' statement of affairs.

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