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HOMEWORK : I need to read the discussion case (I have attached in WORD) there are two discussions Part I and Part II. After discussion
HOMEWORK :
I need to read the discussion case (I have attached in WORD) there are two discussions Part I and Part II. After discussion there are few questions I need to answer.
I need 2-3 pages the total of the paper.
LO 5-3, 5-4, 5-5
- Consolidated revenue increased 184 percent from the 1997 fiscal year to the 1998 fiscal year.
- Revenue in South Korea, which has a reputation as a difficult market for foreign companies to enter, increased from $97,000 in the first quarter of 1999 to approximately $59 million in the first quarter of 2000.
- In the second quarter of 2000, sales grew by 104 percent but accounts receivable grew by 128 percent.
- Average days outstanding increased from 138 days in 1998 to 160 days for the six-month period ended June 30, 2000
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