Question: PLEASE ANSWER ALL THREE, WILL THUMBS UP!!! Inventory turnover =6,ACP=40 days and APP=22 days. The operating cycle is 123 days. 101 days: 79 days. 46

PLEASE ANSWER ALL THREE, WILL THUMBS UP!!!

Inventory turnover =6,ACP=40 days and APP=22 days. The operating cycle is 123 days. 101 days: 79 days. 46 days. QUESTION 17 Accounting principle that dictates that most assets are not valued at market value: accrual principle. cost convention principle. tangible asset principle. going concern principle. QUESTION 18 The income statement is the for-profit equivalent of the not-for-profit cash flow statement. balance sheet. activity report budget

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