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- 2011-7-11
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- 2013-10-10
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Working Capital Mgmt and CFAI example
page 136 #s 2 and 3, book 4
for operating cycle calculations the CFAI material uses Inventory - Ending Balance instead of taking an average of Beginning and Ending balances for the practice problems.
Why do they do this when the formulas state to use the average for this calculation? |
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发表于 2011-7-11 17:36
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