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Lecture Financial and managerial accounting (4/e): Chapter 4 - Wild, Shaw, Chiappetta
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Chapter 4 - Accounting for merchandising operations. After completing this chapter, students will be able to: Describe merchandising activities and identify income components for a merchandising company, identify and explain the inventory asset and cost flows of a merchandising company, compute the acid-test ratio and explain its use to assess liquidity, . |