S. Akinnbade inc, needs to determine its year-end inventory. The warehouse...

90.2K

Verified Solution

Question

Accounting

image
S. Akinnbade inc, needs to determine its year-end inventory. The warehouse contains 36,000 units, of which 4,600 were darnaged by tlood and are not seliable. Another 3,600 units were purchased from Bison Company, FOB shipping point, and are currently in transit. The company also consigns goods and has 5,600 units at a consignee's location. How many units should A. Akinribade lnc, include in its year-end inventory? Multiple Cnoice 37,000 33,400 40,500 45,200

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students