畢曉方改編財務(wù)會計的課后習題答案第九章習題答案-閱讀頁
2025-07-24 12:44本頁面
【正文】 ated merchandise inventory, May 17 $117,500b. The gross profit method is useful for estimating inventories for monthly or quarterly financial statements. It is also useful in estimating the cost of merchandise destroyed by fire or other disasters.Ex. 9–14a. Apple: {$4,139,000,000 247。 2]} American Greetings: {$881,771,000 247。 2]}b. Lower. Although American Greetings’ business is seasonal in nature, with most of its revenue generated during the major holidays, much of its nonholiday inventory may turn over very slowly. Apple, on the other hand, turns its inventory over very fast because it maintains a low inventory, which allows it to respond quickly to customer needs. Additionally, Apple’s puter products can quickly bee obsolete, so it cannot risk building large inventories. Ex. 9–15a. Number of days’ sales in inventory = Albertson’s, = 43 days Kroger, = 40 days Safeway, = 42 days Inventory turnover = Albertson’s, = Kroger, = Safeway, = b. The number of days’ sale in inventory and inventory turnover ratios are consistent. Albertson’s has slightly more inventory than does Safeway. Kroger has relatively less inventory (2–3 days) than does Albertson’s and Safeway. Ex. 9–21 Concludedc. If Albertson’s matched Kroger’s days’ sales in inventory, then its hypothetical ending inventory would be determined as follows, Number of days’ sales in inventory = 40 days = X = 40
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