Describe the difference in inventories, Financial Accounting

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Describe the difference in inventories

Response to the following questions:

1. If a company has substantial cash sales and credit sales, is there any meaning to the receivable liquidity computations that are based on gross sales?

2. Describe the difference in inventories between a firm that is a retail company and a firm that is a manufacturing concern.

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Financial Accounting: Describe the difference in inventories

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Financial Accounting: Describe the difference in inventories

Reference No:- TGS02106767

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