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please explain the answers Concepts to be tested: Total Quality management, Inventory management 1. The following is a part of the accounting statement for a

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Concepts to be tested: Total Quality management, Inventory management 1. The following is a part of the accounting statement for a firm for the FY2019-20. (10 Marks) Net sales 120645122 COGS 80314210 COGS (Labour) 9% COGS (Material) 37% COGS (Over heads) 54% Selling, Admin and Other Expense 24989673 Total Assets 84229105 26122300 Inventory Inventory Material cost Inventory Value added 48% 52% Annual cost pf carrying inventory 13% a) What are the values of throughout inventory and operating expense for this film? b) Assume throughout increases by 10% and inventory and operating expense remain the same. What is the impact on net profit, Return on asset and cash flow? c) Assume operating expense decreases by 5%, while throughput and inventory remain the same. What is the impact on net profit, Return on asset and cash flow? d) Assume inventory decreases by 5%, while throughput and operating expense remain the same. What is the impact on net profit. Return on asset and cash flow? e) Which is the impact on net profit, return on asset and cash flow if throughput increases by 10% while both operating expense and inventory decreases by 5%

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