Professor Elam

Weekend Dec 6, 2015

I had a client in the auto salvage business. The key is to specialize as this you tube video demonstrates.

this scrapyard in England searches the world for parts from wrecked Ferraris and such. The inventory is quoted at  7.5 million euros. 

This is a great example of how managerial accounting could be used to help one socialize in high end rather than mundane auto parts.