Jeremie Wire Management

Sale Sale cost ratio The cost of gross gross sales change magnitude by ?%3 which is humble than the sales increase(?%4).So there is nil to be worried about that currently. years Sales in Receivables Despite the Days Sales in Receivables increase(?%16.5) , The sales didnt increase that much( change magnitude by ?%4).This may be due to customers who ar not give because of the defective pperchucts.Or maybe its because receivables arent valuated properly .In individu everyy case It requires attention and emergencys to be checked If the receivables really survive and properly valuated. Inventories The plastics enumeration increase 24% although Copper rod inventory increase 62%. Finished Goods Inventory increased 44% from 2007 to 2008. The set of plastics decreased from $0.19 to $0.13.The price of copper rod stayed the same at $.47 a pound. The increase in price of plastics can explain wherefore inventories of plastics and copper changed. The pass taste value of Copper Rod = 5,500,000*.47 = 2,585,000 The evaluate value of plastics = 1,000,000 * .13 = 130,000 The expected value of plastics is not consistent with carrying be at lower of cost or market pricing. This athletic field take to be checked.

The square footage allotment also occupys supercharge examination. 25% (100,000sq.ft) is allocated to warehousing. Currently the copper rod inventory only would demand 132,000 sq. ft. which is more than is allocated for the entire inventory. It should be made certainly that all existing inventories have been recorded completely, It need to go to the store and ensure all the inventories are recorded in the inventory ledger. Accounts Payab le The accounts payable increased 6% comp! osition inventories increased much higher. This is not consistent and the balances of inventory accounts and payables need to be verified. Inventory should be counted to verify that it is correct and exists.If you destiny to take on a full essay, order it on our website: OrderEssay.net

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