Rusty and Dusty Slow Movers

CaseKey teaching notesCase Topic: Asset Valuation/Write-Downs Characters: Ron, Inventory Control Clerk; Penny, Controller Art, Company President Rhonda, Sales Manager   Penny is the first Controller ever hired at a medium-sized farm machinery company. The firm has reacquired tractors and other parts and equipment from farmers who filed for bankruptcy or were seriously behind in their…