tailieunhanh - Lecture Fundamental accounting principles (20/e): Chapter 5 - Wild, Shaw, Chiappetta

Chapter 5 - Accounting for merchandise operations. After completing this chapter you should 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,. | Lecture Fundamental accounting principles (20/e): Chapter 5 - Wild, Shaw, Chiappetta