The fiscal years for several well-known companies were as follows: What general characteristic shared by these companies
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What general characteristic shared by these companies explains why they do not have fiscal years ending December31?
Transcribed Image Text:
Company iscal Year Ending Kmart JCPenney Zayre Corp. Company Fiscal Year Ending January 30 January 26 January 26 Toys "R" Us, Inc. Federated Department Stores The Limited, Inc. February 3 February 3 February 2
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All the companies listed are general merchandisers whose busiest time of t...View the full answer
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Related Book For
Accounting
ISBN: 978-0324188004
21st Edition
Authors: Carl s. warren, James m. reeve, Philip e. fess
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