hy should records be kept for business-use assets such as video equipment and vehicles? They are depreciable assets whose depreciation percentage won’t change each year. Just in case the taxpayer goes out of business. Good records can substantiate the portion written off as business expense on these assets commonly used for both business and personal. All of these are important reasons for keeping records of these assets.

Social computing forces companies to deal with customers as opposed to

Which is one solution to levy the complexity of the global matrix strategy with added customer-focused dimensions?

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)