Nokia and Palm are competitors in the global marketplace. Access Nokias annual report (www.Nokia.com) for the year
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Required
1. Determine the change in Nokias inventories for the last two years. Then identify the impact on net resources generated by operating activities (increase or decrease) for changes in inventory levels (increase or decrease) for Nokia for the last two years.
2. Would a move to a JIT system likely impact Nokia more than it would Palm?Explain.
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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