Small Business Accounting: Inventory Valuation models and profitability: Working Example
3 mins read In our previous post we covered the three basic inventory valuation models. We now illustrate a simple example of the
3 mins read In our previous post we covered the three basic inventory valuation models. We now illustrate a simple example of the
2 mins read Inventory valuation models and profitability In order to value inventory, there is a physical count of inventory that takes place
5 mins read Cash after financing costs Cash Flow Summary Jasmine and Co. 2010 Interest expense -600 ? Interest payable 0 Dividends
2 mins read Cash from operations Cash Flow Summary Jasmine and Co. 2010 Operating expenses (less non-cash expenses) -8,500 ? Prepaid expenses
3 mins read Cash from Trading Activities Cash Flow Summary Jasmine and Co. 2010 Cost of inventory sold -15,400 ? Inventory 500
2 mins read Cash collected from Sales Cash Flow Summary Jasmine and Co. 2010 Sales 37,300 ? Accounts receivables 300 Cash collected