The following supplementary records summarize Tesla Company's merchandising activities for year 2016

The following supplementary records summarize Tesla Company's merchandising activities for year 2016 (it uses a perpetual inventory system). Set up T-accounts for Merchandise Inventory and Cost of Goods Sold. Then record the summarized activities in those T-accounts and compute account balances.

The new owners of Bluegrass Natural​ Foods, Inc., have hired you to help them diagnose and cure

The new owners of Bluegrass Natural​ Foods, Inc., have hired you to help them diagnose and cure problems that the company has had in maintaining adequate liquidity. As a first​ step, you perform a liquidity analysis. You then do an analysis of the​ company's short-term activity ratios.  Your calculations and appropriate industry norms are listed here

a. What recommendations relative to the amount and the handling of inventory could you make to the new​ owners?

b. What recommendations relative to the amount and the handling of accounts receivable could you make to the new​ owners?

c. What recommendations relative to the amount and the handling of accounts payable could you make to the new​ owners?

d. What​ results, overall, would you hope your recommendations would​ achieve? Why might your recommendations not be​ effective?

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