What date should you count laramie inventory

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Reference no: EM133358597

Questions:

1. Perform analytical procedures using the data provided as part of your risk assessment analysis.

2. Inventory Count Procedures: Summarize what you need to do prior to attending the count, during the count and after count. What challenges, if any, do you anticipate in performing the count? On what date should you count Laramie's inventory?

3. Assume that as part of your tests of the valuation assertion you obtain the following current market prices for the different types of inventory. What impact if any, does this information have on the final inventory valuation?

Reference no: EM133358597

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