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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 3 / 737 | 
                
    
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This was increase from the previous year. In 2004 PETsMART had reported accounts receivable at $17,044 which is a $10,079 difference. There were no further notes about accounts receivable in PETsMARTâs annual report. (2005)
Merchandise Inventory
PETsMARTâs merchandise inventories are stated at the lower of cost or market and to determine cost PETsMART uses the first-in, first-out method based on moving average costs and includes purchasing and distribution costs related to the processing of the merchandise...
        
        
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(2005)
Merchandise Inventory
PETsMARTâs merchandise inventories are stated at the lower of cost or market and to determine cost PETsMART uses the first-in, first-out method based on moving average costs and includes purchasing and distribution costs related to the processing of the merchandise. The merchandise inventory that was reported in 2005 was $337,281 this was an increase from 2004...
        
        
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