subject
Business, 29.10.2019 23:31 yasminothman02

Brooks company carries three inventory items. the following information pertains to the ending inventory: item - quantity - unit cost - unit market value a - 220 - $ 9 - $ 8 f - 255 - 16 -15 k - 179 - 5 - 8 required a. determine the ending inventory that brooks will report on the balance sheet, assuming that it applies the lower-of-cost-or-market rule to individual inventory items. b. prepare the necessary journal entry, assuming the decline in value was immaterial.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:40
Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). use both the capm method and the dividend growth approach to find the cost of equity.calculate the cost of new stock using the dividend growth approach.what is the cost of new common stock based on the capm? (hint: find the difference between re and rs as determined by the dividend growth approach and then add that difference to the capm value for rs.)assuming that gao will not issue new equity and will continue to use the same target capital structure, what is the company’s wacc? e. suppose gao is evaluating three projects with the following characteristics.each project has a cost of $1 million. they will all be financed using the target mix of long-term debt, preferred stock, and common equity. the cost of the common equity for each project should be based on the beta estimated for the project. all equity will come from reinvested earnings.equity invested in project a would have a beta of 0.5 and an expected return of 9.0%.equity invested in project b would have a beta of 1.0 and an expected return of 10.0%.equity invested in project c would have a beta of 2.0 and an expected return of 11.0%.analyze the company’s situation, and explain why each project should be accepted or rejected g
Answers: 1
question
Business, 22.06.2019 12:30
M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.
Answers: 1
question
Business, 22.06.2019 19:00
Describe how to write a main idea expressed as a bottom-line statement
Answers: 3
question
Business, 22.06.2019 19:40
Adistinguishing feature of ecological economics is the concept of cost-benefit analysis steady-state economies that, like natural systems, neither grow nor shrink environmental damage and also environmental benefits are external greenwashing to increase public acceptance of products the only healthy economy is one that is growing
Answers: 1
You know the right answer?
Brooks company carries three inventory items. the following information pertains to the ending inven...
Questions
question
History, 04.09.2020 21:01
question
Mathematics, 04.09.2020 21:01
question
Mathematics, 04.09.2020 21:01
question
Mathematics, 04.09.2020 21:01
question
Computers and Technology, 04.09.2020 21:01
Questions on the website: 13722360