User Account

All Pages

What is the actual amount of beginning inventory

Assignment Help Accounting Basics
Reference no: EM133024917

Question - Lisa Corp has the following inventory data for 2019:

beginning inventory per fs 78,000

beginning inventory actual ?

ending inventory per fs 82,000

ending inventory actual 82,700

Assume 2019 net income per the fs is overstated by $1,500 as a result of the above noted inventory errors.

Required - What is the actual amount of beginning inventory?

Reference no: EM133024917

Questions Cloud

Present a marketing plan that incorporates planning : You are the night manager for a large independent bar and grill located in the downtown zone of a large metropolitan area.
Describe opponent-process theory : Describe Opponent-Process Theory. Discuss how thrill-seeking behavior can be explained by this theory.
Start-up expenses and monthly expenses : Say you were to open an Under Armour franchise. What would be the start-up expenses and monthly expenses?
Why do exchange rates keep changing frequently : 1. Why do exchange rates keep changing frequently? 2. What are some of the effect of exchanges rates fluctuations on MNC's?
What is the actual amount of beginning inventory : Assume 2019 net income per the fs is overstated by $1,500 as a result of the above noted inventory errors. What is the actual amount of beginning inventory
Success factors for the streaming media industry : What are the key success factors for the Streaming Media Industry (SPOTIFY) - Fully Explain why AND createa Strategic Group Map for the key players?
Explain three distinct forces : Based on the Heilbroner reading, explain three distinct forces that helped the market system become a reality.
What will your rate of return be : You can borrow money at a 12% interest rate. If you borrow $40,000 and invest $10,000 of your own money, what will your rate of return be
Contractual statement of work : Contractual Statement of Work and Prepare to include all the appropriate headings with a brief point form outline of what should be included under each

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