Refer to Samsung’s financial statements. Compute its cost of goods available for sale for the year ended December 31, 2017.

Need a,b,c,d   Suppose that a firm has an ending inventory of $121,000 as of December 31, 2012. The accounting information for 2013 has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.   Question S     A. What is the monthly inventory turnover ratio for each of the twelve months for 2013? Round your answers to two decimal places. B. What is the total cost of goods sold for the year? Round your answer to the nearest dollar. C. What is the average monthly inventory? Round your answer to the nearest cent. D. What is the annual inventory turnover ratio? Do not round intermediate calculations. Round your answer to two decimal places.

ABC Co. a manufacturer provided the ff information for the year ended December 31, 2017.  What is the correct amount of inventory?

Making Business Decisions: Analyzing Apple’s Inventory Turnover Ratio You are considering an investment in the common stock of Apple Inc. The following information is from the financial statements included in Form 10-K for fiscal years 2015 and 2014 (in millions of dollars): Cost of sales for the year ended:   September 26, 2015 $140,089 September 27, 2014 112,258 Inventories:   September 26, 2015 2,349 September 27, 2014 2,111 September 29, 2013 1,764   The following information is from the financial statements included in Form 10-K for fiscal years 2015 and 2014 for Hewlett-Packard Company (in millions of dollars): Cost of sales for the year ended:   October 31, 2015 $53,081 October 31, 2014 56,469 Inventory:   October 31, 2015 6,485 October 31, 2014 6,415 October 31, 2013 6,046   Use 360 days a year. Required: 1.  Calculate the inventory turnover ratios for Apple Inc. and Hewlett-Packard Company for the years ending September 26, 2015 and October…

Making Business Decisions: Analyzing Apple’s Inventory Turnover Ratio You are considering an investment in the common stock of Apple Inc. The following information is from the financial statements included in Form 10-K for fiscal years 2015 and 2014 (in millions of dollars): Cost of sales for the year ended:   September 26, 2015 $140,089 September 27, 2014 112,258 Inventories:   September 26, 2015 2,349 September 27, 2014 2,111 September 29, 2013 1,764   The following information is from the financial statements included in Form 10-K for fiscal years 2015 and 2014 for Hewlett-Packard Company (in millions of dollars): Cost of sales for the year ended:   October 31, 2015 $53,081 October 31, 2014 56,469 Inventory:   October 31, 2015 6,485 October 31, 2014 6,415 October 31, 2013 6,046   Use 360 days a year.

1.) ABC Inc. has the following information related to an item in its ending inventory. Predator Laptop has a cost of P502, a selling price of P568, a cost to complete of P53, and a cost to sell of P38. What is the lower-of-cost-or-net realizable inventory value for Predator Laptop? A. P477 B. P515 C. P502 D. P530 2.) If the month-end bank statement shows a balance of P360,000, outstanding checks are P120,000, a deposit of P40,000 was in transit at month end, and a check for P5,000 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is A. P285,000 B. P275,000 C. P205,000 D. P435,000

A) Assume that Chen uses the first-in, first-out method. Compute the cost of goods sold for 2015 and the ending inventory balance at December 31, 2015, for product A. B) Assume that Chen uses the last-in, first-out method. Compute the cost of goods sold for 2015 and the ending inventory balance at December 31, 2015, for product A. C) Assume that Chen uses the weighted-average cost method. Compute the cost of goods sold for 2015 and the ending inventory balance at December 31, 2015, for product A. Do not round until your final answers. Round your answers to the nearest dollar.   Then, Assuming that Chen’s products are perishable items, which of the three inventory costing methods would you choose to: Assume this is during a period of rising costs. Reflect the likely goods flow through the business? Minimize income taxes for the period? Report the largest amount of net income for the period?

The management of Gresa Inc. is reevaluating the appropriateness of using its present inventory cost flow method, which is average-cost. The company requests your help in determining the results of operations for 2017 if either the FIFO or the LIFO method had been used. For 2017, the accounting records show these data: Inventories   Purchases and Sales Beginning (7,000 units)   $14,000   Total net sales (236,000 units)   $1,038,400 Ending (21,000 units)       Total cost of goods purchased (250,000 units)   596,500 Purchases were made quarterly as follows. Quarter   Units   Unit Cost   Total Cost 1   65,000   $2.20   $143,000 2   55,000   2.30   126,500 3   55,000   2.40   132,000 4   75,000   2.60   195,000     250,000       $596,500 Operating expenses were $150,000, and the company’s income tax rate is 30%.           Prepare comparative condensed income statements for 2017 under FIFO and…

Industry, Delete any companies with missing data for AT, SALE, IB Using Your industry (from question title), please answer these questions using Fiscal year 2015 data, use Total Assets (AT) for average investment, Income Before Extraordinary Items (IB) for income, and Sales/Turnover (Net) (SALE) for Sales Revenue What is the average Sales Margin for your industry?    Answer in percentage, to the nearest hundredth of a percent, without the % sign, example 3.45 for 3.45%, 0.45 for 0.45% What is the average Turnover for your industry   Answer to the nearest hundredth What is the average Return on Investment for your industry   Answer in percentage, to the nearest hundredth of a percent, without the % sign, example 3.45 for 3.45% Which company (use Global Company Key) has the highest ROI in your Industry?   Answer with no leading zeros using the appropriate number of digits