If inventory of the Color company is 9% of the total assets for the year 2018,...
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If inventory of the Color company is 9% of the total assets for the year 2018, and the percentage change in the inventory is (25%) for the year 2018, if the total assets for the year 2018 is 625000 dinars. Required: 1. Found 2018 inventory, 2017 inventory. 2. The company expected that the percentage of decline will remain the same in the inventory for 2019 compared to 2018, what is the size of inventory expected for the year 2019. If inventory of the Color company is 9% of the total assets for the year 2018, and the percentage change in the inventory is (25%) for the year 2018, if the total assets for the year 2018 is 625000 dinars. Required: 1. Found 2018 inventory, 2017 inventory. 2. The company expected that the percentage of decline will remain the same in the inventory for 2019 compared to 2018, what is the size of inventory expected for the year 2019.
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Inventory for 2017 Percentage change in inventory for 2018 25 Inventory 2017 ... View the full answer
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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