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agasfer [191]
1 year ago
5

under which inventory cost flow assumption does inventory on the balance sheet best approximate its current cost?

Business
1 answer:
scoray [572]1 year ago
8 0

The inventory cost flow assumption does inventory on the balance sheet best approximate its current cost is first-in, first-out.

Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.

Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.

On the balance sheet of an organization, it is categorized as a current asset.

The three different categories of inventory are raw materials, finished commodities, and work-in-progress.

The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.

Learn more about inventory here:

brainly.com/question/14184995

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Answer:

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Explanation:

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You have the following data on The Home Depot, Inc. Market value of long-term debt: $20,888 million Market value of common stock
Phantasy [73]

Answer:

Expected rate of return on equity under the new capital structure is 9.75 %

Explanation:

given data

Market value of long-term debt =  $20,888 million

Market value of common stock =  $171,138 million

Beta =  1.04

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solution

we get here cost of unlevered equity  by the cost of levered equity formula that is  

cost of levered equity  = rSU + (rSU-rD) ×  (1-t) × (D÷S)    .................1

here rSL is cost of levered equity and  rSU is cost of unlevered equity and rD is before tax cost of debt and D is  value of debt and S is value of equity.

put here value and we will get  

8.895% = rSU + (rSU-2.167%) ×  (1-35%) × (20,888÷171,138)

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rSU = 0.084005

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put here value in equation 1

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Answer:

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