Michael Goldman & Associates, L.L.C. - Consulting
& CPA Services
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The following pictures clearly showed an inventory crisis that was not readily apparent from the published financial statements. Inventory levels were consistent with sales levels for a number of years. When sales started softening, inventory levels did not follow suit. Increasing inventory led to declining margins as well. The following graphs assisted management in focusing on all of the business problems and undertake a significant inventory improvement effort.
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