Estimate cumulative tax effect of the use of the lifo method

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Reference no: EM131253527

Analysis Regeneron Pharm (REGN)'s inventory at end of 2015. You have to use 10-K that comes from www.sec.gov. assignment provides an analysis of your firm's inventory including the inventory method your firm uses, restatement of the inventories on a FIFO basis to estimate the current economic value of the inventories held by your firm, calculation and statement of adjusted Current Ratio and adjusted Inventory Turnover Ratio for your firm on a FIFO basis, and an estimate of the cumulative tax effect of the use of the LIFO method.

Inventory analysis

a. Comment on the inventory methods used by your company.

b. Restate the inventories on a FIFO basis to estimate the current economic value of the inventories held for your firm.

c. Adjust the Current Ratio and the Inventory Turnover Ratio for your firm on a FIFO basis.

d. Estimate the cumulative tax effect of the use of the LIFO method.

Reference no: EM131253527

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