Ohio valley homecare suppliers, incorporated (ovhs) had $ 15 million in sales in 2015. its cost of goods sold was $ 6.0 million, and its average inventory balance was $ 2.1 million. a. calculate the number of inventory days outstanding for ovhs. b. the average number of inventory days in the industry is 73 days. by how much would ovhs reduce its investment in inventory if it could improve its inventory days to meet the industry average?

What comprises a list of main points and sub-points of a topic to include in a presentation

Management discovers that a supervisor at one of its restaurant locations removes excess cash and resets sales totals throughout the day on the point-of-sale (pos) system. at closing, the supervisor deposits cash equal to the recorded sales on the pos system and keeps the rest. the supervisor forwards the close-of-day pos reports from the pos system along with a copy of the bank deposit slip to the company’s revenue accounting department. the revenue accounting department records the sales and the cash for the location in the general ledger and verifies the deposit slip to the bank statement. any differences between sales and deposits are recorded in an over/short account and, if necessary, followed up with the location supervisor. the customer food order checks are serially numbered, and it is the supervisor’s responsibility to see that they are accounted for at the end of each day. customerchecks and the transaction journal tapes from the pos system are kept by the supervisor for 1 week at the location and then destroyed. what control allowed the fraud to occur?

Double corporation acquired all of the common stock of simple company for