Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 439 Weeks Ago, 1 Day Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 10 May 2017 My Price 3.00

Crocker Company reported annual net income as follow

 

Exercise A Crocker Company reported annual net income as follows:

2008

$484,480

2009

487,680

2010

409,984

Analysis of its inventories revealed the following incorrect inventory amounts and these correct amounts:

 

Incorrect Inventory Amount

Correct inventory amount

2008 December 31

$76,800

$89,600

2009 December 31

86,400

77,600

Compute the annual net income for each of the three years assuming the correct inventories had been used.

 
 

Answers

Alpha Geek
(8)
Status NEW Posted 10 May 2017 02:05 PM My Price 3.00

-----------

Attachments

file 1494428191-Answer.docx preview (86 words )
E-----------xer-----------cis-----------e A----------- Cr-----------ock-----------er -----------Com-----------pan-----------y r-----------epo-----------rte-----------d a-----------nnu-----------al -----------net----------- in-----------com-----------e a-----------s f-----------oll-----------ows-----------: -----------200-----------8 $-----------484-----------,48-----------0 -----------200-----------9 4-----------87,-----------680----------- 2-----------010----------- 40-----------9,9-----------84 ----------- An-----------aly-----------sis----------- of----------- it-----------s i-----------nve-----------nto-----------rie-----------s r-----------eve-----------ale-----------d t-----------he -----------fol-----------low-----------ing----------- in-----------cor-----------rec-----------t i-----------nve-----------nto-----------ry -----------amo-----------unt-----------s a-----------nd -----------the-----------se -----------cor-----------rec-----------t a-----------mou-----------nts-----------: -----------  -----------Inc-----------orr-----------ect----------- In-----------ven-----------tor-----------y A-----------mou-----------nt -----------Cor-----------rec-----------t i-----------nve-----------nto-----------ry -----------amo-----------unt----------- 2-----------008----------- De-----------cem-----------ber----------- 31----------- $7-----------6,8-----------00 -----------$89-----------,60-----------0 -----------200-----------9 D-----------ece-----------mbe-----------r 3-----------1 8-----------6,4-----------00 -----------77,-----------600----------- C-----------omp-----------ute----------- th-----------e a-----------nnu-----------al -----------net----------- in-----------com-----------e f-----------or -----------eac-----------h o-----------f t-----------he -----------thr-----------ee -----------yea-----------rs -----------ass-----------umi-----------ng -----------the----------- co-----------rre-----------ct -----------inv-----------ent-----------ori-----------es -----------had-----------
Not Rated(0)