Acompany changes from the straight-line method to an accelerated method of calculating depreciation, which will be similar to the method used for tax purposes. the entry to record this change will include a1. credit to accumulated depreciation.2. credit to deferred tax liability.3. debit to retained earnings in the amount of the difference on prior years.4. debit to deferred tax asset.

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.