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  Alan Friedman, CPA, provides accounting and financial services to music industry clients. He is a frequent speaker at NAMM University seminars. His columns address the various financial issues of running a music products dealership. |
JANUARY 2004 Forecasting Rental Depreciation ‘Erroneous useful lives will cause profits to be overstated by not taking enough depreciation expense.’ {DOWNLOAD ARTICLE} FEBRUARY 2004 Wake Up & Smell the Coffin ‘Retailers and manufacturers must start communicating with each other. I’ve seen the enemy, and the enemy is both of you.’ {DOWNLOAD ARTICLE} JULY 2004 The Issue with New Issues ‘The financial benefits provided by a retailer’s commitment to new issues are definitely worth the risk. That’s as long as he or she monitors inventory levels, turns and profitability in a timely manner.’ {DOWNLOAD ARTICLE} AUGUST 2004 The Useful Lives of Rental Instruments ‘The useful life you choose will have a direct bearing on the amount of income taxes you will pay in any given year.’ {DOWNLOAD ARTICLE} |