[endaoen]

Lance Berkman is the controller of Saturn, a dance club whose year-end is December 31. Berkman prepares checks for suppliers in December and post them to the appropriate accounts in that moth. However, he holds on to the checks and mails them to the suppliers in January.

[odinn7]

Thanks for telling us...your question?

[endaoen]

Thanks for telling us...your question?

1. What financial ratio is/are most affected by the action?

What is Berkman’s purpose in undertaking this activity?

[Curlyben]

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