User Account

All Pages

Discuss what inventory balance should badger

Assignment Help Accounting Basics
Reference no: EM131779446

On January 1, 2016, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $115,000. The 2016 ending inventory, valued at year-end costs, was $150,800. The relative cost index for this inventory in 2016 was 1.16.

What inventory balance should Badger report on its 12/31/16 balance sheet?

Reference no: EM131779446

Questions Cloud

Demonstrate an application of clinical psychology : Write a 300-400-word analysis of your selected case, in which you demonstrate an application of clinical psychology in a real-world situation.
Systems of parole and probation have faced criticisms : The systems of parole and probation have faced criticisms. Are the criticisms valid?
Evaluate the social-cultural issues that influence health : Evaluate the social-cultural issues that might influence health economics in your state based on the diversity of the board in question.
By what percentage did the price of the bond change : What is the price of this bond if the required yield increases from 5% to 6%, and by what percentage did the price of this bond change?
Discuss what inventory balance should badger : What inventory balance should Badger report, The 2016 ending inventory, valued at year-end costs, was $150,800. The relative cost index for this inventory
Define antipsychotic drugs and describe their utility : Define antipsychotic drugs and describe their utility.Describe some of the criticisms against the pharmaceutical industry today.
Why the price of the debt obligation could have declined : Suppose that you purchased a debt obligation three years ago at its par value of $100,000 and nine years remaining to maturity.
Fabricated aluminum products for aerospace : Metallic Engineering, Inc., a manufacturer of fabricated aluminum products for aerospace, engineering, automotive, and custom industrial applications.
Interview two people from different cultures : Report any differences in nonverbal communications they are aware of between their culture and your culture.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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