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Essay

Effects Of Inventory Errors

Essay specific features

 

Issue:

Business

 

Written by:

Tony S

 

Date added:

January 28, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 352

 

Was viewed:

2193 times

 

Rating of current essay:

 
Essay content:

Before the correction of the error in income statements for Uncle Bill’s Home Improvement Center, the combined net income for 2002 and 2003 is $ 68,500+ $32,900 = $101,400. Meanwhile, the combined net income for 2002 and 2003 after correction of the error is $ 45,000+ $56,400 = $101,400. In addition, net income in 2003 ($ 32,900) is lower than 2002 ($ 68,500) even though sales in 2003 ($541,200) is higher than 2002 ($ 523,600)...
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Before the correction of the error in income statements for Uncle Bill’s Home Improvement Center, the combined net income for 2002 and 2003 is $ 68,500+ $32,900 = $101,400. Meanwhile, the combined net income for 2002 and 2003 after correction of the error is $ 45,000+ $56,400 = $101,400. In addition, net income in 2003 ($ 32,900) is lower than 2002 ($ 68,500) even though sales in 2003 ($541,200) is higher than 2002 ($ 523,600)...
displayed 300 characters

General issues of this essay:
inventory management Competency Inventory Effects Of Inventory Errors Inventory Management Inventory Valuation inventory models Just in time inventory Principles of Inventory Management Retail Inventory Suggestions for Your Annual Physical Inventory Interest Inventory Inventory of the lost Inventory Retail Inventory Inventory Policy
 

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