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Inventory. On January 1, 20X6, the River Company's beginning inventory $400,000. During 20X6, River purchased $1,900,000 of additional inventory. On December 31, 20X6, River's ending inventory was $500,000. (a) What is the inventory turnover and the age of inventory for 20X6? (b) If the inventory turnover in 20X5 was 3.3 and the average age of the inventory was 100.6 days, evaluate the results 20X6.
You have been given the following information for Ethan Company as of June 1, 2010. Ethan Company purchased a parcel of land and then incurred specific costs for the construction of a new building
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Prepare a revised balance sheet for the business giving effect to these differences and Accumulated depreciation would have been $300,000 lower
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The Beal Manufacturing Company's job-costing system has two-direct cost categories; direct materials and direct manufacturing labor. Manufacturing overhead (both variable and fixed) is allocated to products on the basis of standard direct manufact..
paris corporation holds a 100000 unrealized net capital gain and a capital loss carry forward that will finish in the
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