User Account

All Pages

Why do businesses that uses a perpetual inventory system

Assignment Help Financial Accounting
Reference no: EM132906309

Question 1: Briefly explain why do businesses that uses a perpetual inventory system continue to perform a physical stock take at least once a year.

Reference no: EM132906309

Questions Cloud

What is the required rate of return on b stock : Stock B's beta is 0.80. If the risk-free rate is 4.75%, what is the required rate of return on B's stock? (Hint: First find the market risk premium.)
What is the required rate of return on market : Fiske Roofing Supplies' stock has a beta of 1.23, its required return is 11.50%, and the risk-free rate is 4.30%. What is the required rate of return on market?
What is the component cost of debt for use in the wacc : If the firm's tax rate is 25%, what is the component cost of debt for use in the WACC calculation? Kenny Electric Company's noncallable bonds were issued.
What is the company cost of preferred stock for use : What is the company's cost of preferred stock for use in calculating the WACC? Perpetual preferred stock from Franklin Inc. sells for $97.50.
Why do businesses that uses a perpetual inventory system : Briefly explain why do businesses that uses a perpetual inventory system continue to perform a physical stock take at least once a year.
Prepare the journal entries necessary on December : Kristel Co. uses an interest rate of 6%, which is its incremental borrowing rates. Prepare the journal entries necessary on December
How singapore airlines can improve : Write recommendations on how Singapore airlines can improve their overall performance - If you can please complete it and send the assignment ASAP
What is the amount reported hgf statement of changes : What is the amount reported HGF's 2021 statement of changes in equity as an adjustment to beginning retained earnings of 2021?
What is avery wacc : The cost of common from reinvested earnings is 11.25%, and the tax rate is 25%. The firm will not be issuing any new common stock. What is Avery's WACC?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare a calculation showing the company''s loss

A year-end physical inventory at retail prices yields a total inventory of $78,550. Prepare a calculation Showing the company's loss from shrinkage at cost and at retail.

  Create pollution should report the social cost of pollution

Some theorists contend that companies that create pollution should report the social cost of the pollution in their income statements. Assume you are on the FASB, and you are considering a standard to include the social costs of pollution in the inco..

  Calculate the average annual return for the portfolio

Question - Suppose you had held a portfolio consisting of 51.0% of Stock A and 49.0% of Stock B. Calculate the average annual return for the portfolio

  Prepare a statement of changes in equity

Prepare an income statement (in a single statement with expenses shown by function) and a statement of changes in equity in conformity with AASB 101.

  What is the book value per ordinary share

If the preference share is cumulative and fully participating and has a liquidation value of 55, what is the book value per ordinary share

  Determine the Net income of the joint operation

Sales for the period were as follows: Brisk, P170,000; Whisk, P260,000; and Frisk, P60,000; Determine the Net income of the joint operation

  Solve the value of cogs fifo for sit down

Solve the value of COGS FIFO for Sit Down, Co. in 2017. LIFO reserve from 2016 to 2017 was a decrease in the LIFO reserve of $30.

  Calculate the proceeds on issuance of the bonds

The bonds carry a 8.3% interest rate and are sold at 124 . 35 to yield 5. 5%/0. They pay interest semi- annually. Calculate the proceeds on issuance of the bond

  What was the balance in the cash account at the beginning

The account was debited for a total of $12,200 and credited for a total of $11,500. What was the balance in the Cash account at the beginning of August?

  How do prepare a direct materials budget for january

Prepare a direct materials budget for January 2020? Tyson Chandler Company's sales budget projects unit sales of part 198Z of 9,600 units

  Company continue to manufacture the part

Santos is considering buying the part from a supplier for a quoted price of $2.70 per unit guaranteed for a three-year period. Should the company continue to manufacture the part, or should it buy the part from the outside supplier? Support your a..

  Calculation of average waiting time and expected monthly

calculation of average waiting time and expected monthly margin.trikes unlimited makes small motorcycles. the monthly

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