Which alternate method do think is the most fair

Assignment Help Accounting Basics
Reference no: EM132671368

Problem 1: If a business is not able to use the specific identification method for valuation of inventory, which alternate method do you think is the most fair? Explain in detail and provide the example.

Reference no: EM132671368

Questions Cloud

Firm weighted average aftertax cost of debt-great lakes : Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.80 percent, a par value of $1,000 per bond, matures in 5 years
What might be the consequences of faking fans : Why do some businesses resort to such measures? What might be the consequences of faking fans? How do you feel about companies and their brands pretending
Discuss about the misunderstanding of customer requests : Detail the procedures you would expect staff to follow within your industry workplace in response to the various customer complaints listed below.
What is the real rate of return on bond : A bond that pays interest annually yields a rate of return of 8.50 percent. The inflation rate for the same period is 4 percent. What is the real rate of return
Which alternate method do think is the most fair : If a business is not able to use the specific identification method for valuation of inventory, which alternate method do you think is the most fair?
Company average accounts receivable-medwig corporation : What is the company's average accounts receivable? Assume a 365-day year. Round your answer to the nearest dollar.
Capital structure weight of common stock-kim''s bridal shoppe : Kim's Bridal Shoppe has 10,000 shares of common stock outstanding at a price of $34 per share. It also has 200 shares of preferred stock outstanding at a price
Calculate the cost of goods sold under the fifo : How do calculate cost of goods sold using the Specific Identification method. Assume the March 9 sale consisted of 40 units form beginning inventory
Conduct research to find a policy or procedure : Conduct research to find a policy or procedure from a children's services organisation regarding parent participation, and report on it briefly.

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.

  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!

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