The CFO of PQR Inc. was advise by his credit manager to provide better credit terms to fresh customers to induce sales. The CFO be concerned about the effects of doing like peas in a pod on the financial statements, such as total assets and return on total assets. In your opinion, what could be the possible effects of following the suggestion of the credit manager on the financial statement items?
Accounts officer at Xerox corporation discovered that significant errors have be made in the valuation of inventory and are worried that it might hold significant impact on the Net Income and Earnings per share. What are the possible top 3 effects of the errors on net income? What could enjoy been the top 2 reason behind incorrect valuation of the inventory?
Answers: to answer your credit coordinator question. some of the effects could be. 1) you create a smug customer. 2) Facilitate volume purchases. 3) easily bring repeat purchases. you can do adjectives this now because the customer that be just glass shopping becomes a buyer beside this new found credit.
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Accounts officer at Xerox corporation discovered that significant errors have be made in the valuation of inventory and are worried that it might hold significant impact on the Net Income and Earnings per share. What are the possible top 3 effects of the errors on net income? What could enjoy been the top 2 reason behind incorrect valuation of the inventory?
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Answers: to answer your credit coordinator question. some of the effects could be. 1) you create a smug customer. 2) Facilitate volume purchases. 3) easily bring repeat purchases. you can do adjectives this now because the customer that be just glass shopping becomes a buyer beside this new found credit.
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