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Manal Elkhoshkhany
Manal Elkhoshkhany, Tutor
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forbusinesstutor At a recent company meeting, an employee

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forbusinesstutor
At a recent company meeting, an employee remarks: “We were working so hard to get the income for our bonus this year. Then they got that entire raw material inventory in—and even paid for it. We don’t need it yet. Why didn’t they wait until January?” Will the raw material inventory affect this year’s income? Does it matter whether it was paid for this year or in January? Explain. Give examples to support your answers.
Submitted: 4 years ago.
Category: Homework
Expert:  Manal Elkhoshkhany replied 4 years ago.
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Expert:  Manal Elkhoshkhany replied 4 years ago.
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