accounting discussion question and need the explanation and answer to help me learn.
What are the inventory costing methods to determine the value of ending inventory and Cost of Goods Sold? Explain with examples how the use of different methods impact the cost of goods sold and inventory.
What do these ratios tell us? Is a high turnover ratio better than a low ratio or vice versa? Is a high days’ sales outstanding better or worse than a low ratio?
Requirements: a paragraph each question | .doc file
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