User Account

All Pages

Briefly discuss how analysis of latours inventory turns over

Assignment Help Accounting Basics
Reference no: EM131117270

1. LaTour Inc. is based in France and prepares its financial statements in accordance with iGAAP. In 2010, it reported cost of goods sold of €578 million and average inventory of €154 million. Briefly discuss how analysis of LaTour's inventory turns over ratio (and comparisons to a company using U.S. GAAP) might be affected by differences in inventory accounting between iGAAP and U.S. GAAP.  

Reference no: EM131117270

Questions Cloud

Do you think people can change : Do you think a person's personality is stable or is marked by change? Why do you think this? You may want to refer to other classes you have taken by describing personality and theories of it.
Engage in the three stages of strategic management : For the company, John Deere, how do they engage in the three stages of strategic management and what are some examples of how the company formulates strategic decisions, implement those strategic decisions and evaluate those strategic decisions? What..
What power does a news media personality not have : What type of policy lowers interest rates to allow individuals access to more money for large purchases? What power does a news media personality not have when he/she moderates a televised debate?
Express the quadratic function in standard form : 1. A. express the quadratic function in standard form B. find its vertex and its x and y intercepts C. sketch its graph
Briefly discuss how analysis of latours inventory turns over : LaTour Inc. is based in France and prepares its financial statements in accordance with iGAAP. In 2010, it reported cost of goods sold of €578 million and average inventory of €154 million.
Compare and contrast this worldview with christianity : God says in Paradise Lost that man was created "sufficient to have stood, though free to fall." Ponder the meaning of this important line. Do you think this is true? Does it continue to be true, or was it only true of Adam and Eve?
State whether you think the system will eventually : State whether you think the system will eventually decay so that it has no motion at all, given that there are non-zero initial conditions for both masses, and give a reason for your answer.
Heart transplants performed in the us : According to this model, in what year will there first be more than 5000 heart transplants performed in the U.S? Explain in one or two sentences what the slope means in the context of this problem.
Control over our brand messaging because of social media : As marketers, we have less control over our brand messaging because of social media, correct? Think about it. All of our customers have unlimited online access to praise, or smear, our brand. That is a lot of power? How do marketers deal with this re..

Reviews

Write a Review

Accounting Basics Questions & Answers

  What are the major elements of an internal control over

what are the major elements of an internal control over property plant and equipment? for the specific control

  What annual growth rate

What annual growth rate

  Using these formulas calculate the amount of the bonus

Bonus arrangements take many forms. Suppose the bonus specifies that the bonus is 10% of the division's income before tax, but after the bonus itself. Calculate the amount of the bonus.

  Prepare closing entries for homer winslow co on december 31

presented below are selected account balances for homer winslow co. as of december 31 2014.inventory 12311460180cost of

  What does the gross profit percentage measure

What does the gross profit percentage measure? How is it calculated? What does the inventory turnover ratio measure? What does average-days-in­ inventory mean?

  The commonwealth of virginia filed suit in october 2011

the commonwealth of virginia filed suit in october 2011 against northern timber corporation seeking civil penalties and

  Morning and afternoon test

Anyone who failed the test must take a retest. Since a greater percentage of students who took the morning test failed the test than students who took the afternoon test, more of Orlof's morning history students than afternoon history students wil..

  What journal entry is needed to record payroll from week

What journal entry is needed torecord the payroll from the week prior (week ending 05/22, payroll computation happening on Tuesday 05/26).

  A classified balance sheet

Analyze transactions and prepare an income statement, retained earnings statement, and balance sheet. (LO 1), AP Include margin explanations for any changes in Retained Earnings. (b)  Prepare an income statement for the month of June. (c)   Prepare a..

  Below find the trial balance for nybrostrand company

below find the trial balance for nybrostrand company. prepare an income statement and balance sheet in good format.

  A corporate bond has a face value of 1000 and a coupon rate

a corporate bond has a face value of 1000 and a coupon rate of 6.5. the bond matures in 10 years and has a current

  On april 1 2014 somers company assigns 200000 of its

on april 1 2014 somers company assigns 200000 of its accounts receivable to third national bank as collateral for a

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd