Bramble Corporation owns equipment that cost $74,400 when purchased on April 1, 2013. Depreciation has been recorded at a rate of $12,400 per year, resulting in a balance in accumulated depreciation of $58,900 at December 31, 2017. The equipment is sold on July 1, 2018, for $14,880.

Prepare journal entries to (a) update depreciation for 2015 and (b) record the sale

Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cogs was $7.47 million and inventory was $1.47 million. this year, cogs is $8.65 million and inventory investment is $1.64 million. a) what was its weeks of supply last ) what is its weeks of supply this ) is mattress wholesalers making progress in its inventory reduction effort? since the number of weeks that cover the supply has mattress wholesalers is making in its inventory reduction effort.