Calculate ending inventory

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Q1 - Calculate B.V. of ending equipment assuming you started the year with $100,000 in equipment, purchased $25,000 in new equipment during the year, and deducted $10,000 in depreciation.

Q2 - Calculate ending receivables assuming opening receivables were $0 and sales and collections for the year were $600,000 and $580,000 respectively.

Q3 - Calculate ending inventory assuming opening inventory was $40,000 and purchases and COGS were $280,000 and $290,000 respectively.

Reference no: EM132497162

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