1-What does it mean if a company has a lack of working capital?
How is working capital calculated? Describe in at least 3
sentences
2-All other things being equal, the higher a company’s net
margin, the better its performance. This statement is
A. True
B. False
And fully describe your answer with at least 3 sentences.
3-How does the selection of an inventory costing system affect
the financial statements? Specifically consider FIFO, LIFO, and
weighted average
4-How does the selection...