User Account

All Pages

What is viable ending inventory at retail

Assignment Help Accounting Basics
Reference no: EM133150825

Question - Viable Corporation had the following amounts, all at retail:

Beginning inventory P3,600

Purchases P100,000

Purchase returns 6,000

Net markups 18,000

Abnormal shortage 4,000

Net markdowns 2,800

Sales 72,000

Sales returns 1,800

Employee discounts 1,600

Normal shortage 2,600

Required - What is Viable's ending inventory at retail?

Reference no: EM133150825

Questions Cloud

Overall environmental footprint of unilever : The USLP was an initiative to reduce the overall environmental footprint of Unilever by 50%. Should Unilever go above and beyond its legal obligations to comply
Discuss the effective use of financial rewards : Discuss the effective use of financial rewards as a positive consequence for good performance. Your answer should include a brief discussion of the consequences
Royal australian flying doctor service : Rio Tinto Iron Ore has invested in the Royal Australian Flying Doctor Service with acquisition of a new air ambulance as per the above case. Analyse the strateg
Better in clustering the iris dataset : Which of these 2 algorithms is better in clustering the Iris dataset? Why?
What is viable ending inventory at retail : Viable Corporation had the following amounts, all at retail: Beginning inventory P3,600 and Purchases P100,000. What is Viable ending inventory at retail
Discuss how this type of property impairment fits : (a) Discuss how this type of property impairment fits in the Bell Chart and outline its progression in the detrimental condition model.
Strategic approaches that sets a firm apart : What are the five most frequently used strategic approaches that sets a firm apart from its rivals? Which one is the most important? Why? Your response should b
What the opulence estimated inventory at july : Under the lower of cost and net realizable value method, what the Opulence's estimated inventory at July 31, 2020
Assignment on organizational culture : Employees learn about culture by working and talking with other employees and managers

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