What is the value of inventory

Assignment Help Financial Accounting
Reference no: EM132936882

Question - Cr & CO. purchased 500 units of electronic equipment, at price of 2000 per unit. The selling price of each unit is 5000, due to rapid decrease in prices at present the market value of each unit is 1000. You still have 400 units left in your warehouse what is the value of inventory?

Reference no: EM132936882

Questions Cloud

Develop financial service representatives : Co-op Credit is a large credit union in Manitoba. Its training program develops financial service representatives. The training consists of several modules, and
Which of the best describes financial leverage : Which of the best describes Financial Leverage? It enables an investor to reduce cash outlay for purchasing property./ it increases the financial risk
What is the net book value of a investment at the end : If the annual depreciation is 3.0 million, what is the net book value of A's investment at the end of year 3? Three years ago, "A" purchased a commercial office
Discuss managing employee separations : Please discuss Managing Employee Separations and how does it connect to organizational paradigms, EEO, AAP, test validation, T&D and career planning?
What is the value of inventory : Cr & CO. purchased 500 units of electronic equipment, at price of 2000 per unit. You still have 400 units left in your warehouse what is the value of inventory
What staffing strategy would be most appropriate : A software company has a high turnover rate. What staffing strategy would be most appropriate?
Difference between intrinsic motivation-extrinsic motivation : The process of motivation plays an important role in any organization, profit or non-profit. What is the difference between intrinsic motivation and extrinsic m
What is the thickness of the lead jacket : What is the thickness of the lead jacket that is maintained for X-Ray procedures? After oxygenation of blood, what is the percentage of oxygen
How you will get the product to its intended users : Evaluate the market space/industry for the business - How you will get the product to its intended users

Reviews

Write a Review

Financial Accounting Questions & Answers

  Discuss the similarities between term loan and lease

Discuss the similarities between term loan and lease. HASF Builders need to acquire the use of a construction machinery for construction business

  How to prepare the entries

Prepare the entries, if any, on each of the three dividend dates. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

  How much will Jack have after given months

How much will Jack have after 12 months assuming he does not withdraw any money between now and then

  Information for the statement of cash flows

The management team of Wickersham Brothers Inc. is preparing its annual financial statements. Information for the Statement of Cash Flows is indicated below. Compute the changes and use the information to finalize the Statement of Cash Flows as indic..

  What was the holding period return for the stock

A stock has had returns of 5.05%, 12.11%, 5.83%, 6.14%, and -13.19% over the past five years. What was the holding period return for the stock?

  Analyze the break-even points and contribution margins

Determine and Calculate the break-even point. Calculate the contribution margins. Analyze the break-even points and contribution margins.

  Determine the number of units that would have to be sold

Management expects per unit data, Find the number of units that would have to be sold in 2017 to reach the stockholders' desired profit level.

  1 explain the production process and the product or

1. explain the production process and the product or service.2. show the different production departments you think

  What is the units-of-output

What is the Units-of-Output? Fill in the book value at the end of year 1 under each depreciation method when residual value is $36,000 and useful life is 4 year

  What is harrison? gain or loss on the retirement of bond

What is Harrison?'s gain or loss on the retirement of the? bonds? How would this gain or loss be shown in the financial? statements?

  A sole proprietorship and partnership

Sea Green has just lost a product liability suit with damages of $7 million being awarded to the plaintiff. Although Sea Green will appeal the judgment, legal counsel indicates the judgment is highly unlikely to be over turned by the appellate court...

  What is the statement of operations

What is the Statement of Operations. Beginning cash at $25M, operating change of $3M, financing change of -$5M, investing change of $-1M

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!

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