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clearly states that while preparing financial statements a degree of caution is required such that assets or income are never overstated and liabilities and expenses should never be understated. Accordingly

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On April 26, 2024
Comments Off on clearly states that while preparing financial statements a degree of caution is required such that assets or income are never overstated and liabilities and expenses should never be understated. Accordingly

in case of BEP

Newer we can clearly see that inventory turnover has decreased by two times. As inventory turnover ratio indicates the frequency of replenishment of inventory and indicates the number of times it is sold to customers. Therefore
Older in the BEP’s case inventories are stated at only on historical cost. Since