Inventory is the stock of goods that a company has at any point of time. Receivables include the debtors of the company, i.e., it includes all those accounts which are to give money back to the company. Other current assets include all the assets, which can be converted into cash within a very short period of time like cash in bank etc... displayed 300 characters
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Other current assets include all the assets, which can be converted into cash within a very short period of time like cash in bank etc.
Equity Share capital is the owner's equity. It is the most permanent source of finance for the company. Reserves include the free reserves of the company which are built out of the genuine profits of the company... displayed next 300 characters
Lowe's references to Note 1 of the Consolidated Financial Statements to offer further information regarding the contents of their cash equivalents. Within Note 1, Lowe's reports that they follow the GAAP with regard to their cash and cash equivalents adding that transactions from debit or credit cards process within two business days and are therefore classified as cash and cash equivalents...
Costs that are included are materials, labor, and manufacturing overhead that can be related to the purchase or production of inventories. Microsoft regularly reviews their inventory to aid in future purchase commitments with their suppliers, inventory is reduced accordingly to a new cost basis...
Riordan also exhibits possible concerns with its accounts receivables and inventory levels. The company has a receivable turn of 8.67, meaning that it takes and average of 42 days for its customer to pay on its bills...
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