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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.
2014 201320112010

JANUARY 2004
Forecasting Rental
Depreciation ‘Erroneous useful lives will cause profits to be overstated by not taking enough depreciation expense.’
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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.’
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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.’
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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.’
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