User Account

All Pages

Calculate the value of this company inventory

Assignment Help Accounting Basics
Reference no: EM132068068

Question - A company's normal selling price for its product is $20 per unit. However, due to market competition, the selling price has fallen to $15 per unit. This company's current inventory consists of 200 units purchased at $16 per unit. Replacement cost has fallen to $13 per unit. Calculate the value of this company's inventory at the lower of cost or market.

$2,550.

$2,600.

$2,700.

$3,000.

$3,200.

Reference no: EM132068068

Questions Cloud

What will be the adjusted total cash flow : You're evaluating the proposed acquisition of a new machining tool for $88,000 by your company. The tool falls into the MACRS three-year class.
Identify some of the best practices that leading companies : Identify some of the best practices that leading companies using 3PLs have embraced. What value-added considerations would you take into account
Do you believe that investors hold on to losing stocks : A rational investor, according to Modern Portfolio Theory, accepts higher risk only if it is associated with higher return.
Develop the mixed model repeating sequence : Develop the mixed model repeating sequence. Assuming 60 seconds changeover between products, how long will the scheduled production take?
Calculate the value of this company inventory : Replacement cost has fallen to $13 per unit. Calculate the value of this company's inventory at the lower of cost or market
Discuss current or future applications of nanotechnology : Nanotechnology (also called nanotech) is a branch of materials science that deals with manipulating matter on the atomic scale.
Behaviorist and cognitive models of learning : Analyze key differences between the behaviorist and cognitive models of learning, focus on where control of learning occurs in each approach?
Describe three reasons coral reefs are important : Discuss whether or not you believe that the two (2) protection strategies you described in Section 3 should be implemented.
Prepare the journal entries for the bond issue : If no entry is necessary, write "no entry." Prepare the journal entries for the bond issue & any unamortized bond issue costs on January 1, 2014

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd