Accounting Assignment

/in /by

Accounting Assignment – Inventory Estimation and Turnover

Whitewater Co. lost its entire inventory in a flash flood that occurred on August 31, 20##. Review the recovered records for August in the
Excel Template. (SEE ATTACHED BELOW)

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

Requirements:

  1. Estimate the August 31 inventory using the gross profit method.
  2. Prepare the August income statement through gross profit for Whitewater Co.
  3. Calculate the Inventory Turnover Ratio for Whitewater for years 2009 and 2010.
  4. Provide a reason why the Inventory Turnover has changed from the previous year.
Attachments:

mod_09_assignment_template_2.xlsx

 
"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "Newclient"