Beruflich Dokumente
Kultur Dokumente
Group Members:
ANSWERS
FIFO
LIFO
COGS
Inventory
Owner Equity
Gross Margin
Tax Expense
Net Income
3. Morgan FIFO inventory = $100 LIFO inventory + $70 FIFO inventory = $170
FIFO inventory
Asset pada tahun 2010 = $2170 + $70 = $2240
Perbedaan LIFO tahun 2010 dan FIFO COGS
= $70 (LIFO reserve tahun 2010) - $10 (LIFO reserve tahun 2009) =
$60
Pretax return
on sales
Pretax return on
asset
Morgan
Manufacturing
47,5%
17,5%
16,6%
Westwood
45%
15%
13,4%