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Quick assets=50 A/P= 10 taxes payable=10 long term bond payable=30 Find the quick ratio. Inventory( Jan 1)=80 Inventory (Dec 31)=60 COGS=280 Find inventory turnover Inventory
- Quick assets=50 A/P= 10 taxes payable=10 long term bond payable=30
Find the quick ratio.
- Inventory( Jan 1)=80 Inventory (Dec 31)=60 COGS=280
Find inventory turnover
- Inventory turnover=20 . Find days sales in inventory ( use 360 days)
- Average assets= 100 sales =70 , net income=8, gross profit=10. Find return on assets.
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The Fraud Audit Responding To The Risk Of Fraud In Core Business Systems
Authors: Leonard W. Vona
1st Edition
0470647264, 978-0470647264
