0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Firms that successfully increase their rates of inventory turnover will?
get sales up
What is the difference between inventory holding cost vs carrying cost?
Actually there is no difference between Inventory holding cost and carrying cost. Its like, you will be able to hold the inventory only when you carry it. So whether you hold the inventory for one year or carry it for one year both are same
Does inventory carry a debit or credit balance?
debit buddy
Is quick ratio a better measure of the firms liquidity than current ratio?
Yes because a quick ratio doesn't include inventory which must be sold before it can be used to pay for the companies current obligations. Of course you have to collect the cash in A/R before it can be used to pay for current obligations too but AR should be able to be converted to Cash much quicker than Inventory. A Cash Ratios, which doesn't include AR or Inventory is an even better measure of a firms liquidity than both the quick and current ratio.
What are the methods to determine inventory cost?
Generally accepted accounting principles will typically carry inventory value based on one of these three systems: 1. FIFO - First in first out. 2. LIFO - Last in first out. 3. Moving Average
Which firms offer warehouse inventory control software?
Some warehouse inventory control software firms include Fishbowl Inventory, Net Suite, SphereWMS, Giga Trak, Barcoding, Tracker Systems, and Warehousing Activate.
Why big accounting firms carry out superior audits than small and medium accounting firms?
accounting firms carry out superior audits than small accounting firms
Why big accounting firms carry out superior audits than medium and small accounting firms?
accounting firms carry out superior audits than small accounting firms
Firms that successfully increase their rates of inventory turnover will?
get sales up
Why big auditing firms carry out superior audits than medium and small accounting?
accounting firms carry out superior audits than small accounting firms
Firms that successfully increase their rates of inventory turnover will among other things?
all of the above
Is accumulation of inventories by firms is included in measuring GDP?
no....i think the change in inventory is included but not accumulation..
Which stores carry the Air Mouse as part of their inventory?
Many stores carry the Air Mouse as part of their inventory. Some examples of stores that carry Air Mouse are the following: Best Buy, Brookstone, Staples, and Sears.
What is the difference between inventory holding cost vs carrying cost?
Actually there is no difference between Inventory holding cost and carrying cost. Its like, you will be able to hold the inventory only when you carry it. So whether you hold the inventory for one year or carry it for one year both are same
Does inventory carry a debit or credit balance?
debit buddy
In us dollars how much inventory does a standard Costco store carry?
65,000,000
Which big box stores carry the most computer inventory?
Big box stores such as Best Buy, Walmart and Home Depot all carry computer inventory. Individual stores may have more or less of certain items. It is advisable to compare inventory and prices at several different locations to insure one is getting the best deal.
