Net realizable value and calculations based on gross margins

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Reference no: EM131998096

1. IBM receives bid-ask quotes of $0.008242-0.008245 for the YEN and $0.03023-0.03027 for the Taiwan Dollar (NT), how many YEN will IBM receive for NT $300 million?

2. Inventory flow assumptions might include cost, net realisable value and calculations based on gross margins. If you were in a retail electronic business, which one of these methods would you select and explain your reasons for doing so. Discuss in 100 to 120 words.

Reference no: EM131998096

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