Answer:
$464
Explanation:
Periodic Inventory method is being used. That means valuation of inventory is done at the end of a specific period.
LIFO method is also used for determining the cost of inventory sold. FIFO stands for Last In First Out.
<u>Calculation of Cost of Goods Sold :</u>
41 unit × $10 = $440
3 units × $8 = $24
Total = $464
The cost of goods sold for the month is: $464
Answer:
Look at their competitors positions of their products and take that into account.
Hope this helps
Explanation:
Answer:
The impairment loss of $161m is jounalized below:
Account Debit Credit
$m $
m
Loss on impairment 161.00
Goodwill 161.00
Being impairment recorded
The impairment test on Marin division of Santana that gave rise to impairment loss of $161 m found in the attached spreadsheet
Explanation:
Please note excel formula used in each cell.
A Shareholder is the partial owner of the company who purchases and owns share of stocks in a company.
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