Question

Offered Price $ 5.00

Bentley Biscuits

Question # 00002414
Subject: Literary Studies
Topic: General Literary Studies
Due on: 10/19/2013
Posted On: 10/17/2013 04:05 PM

Rating:
4.1/5
Expert tutors with experiences and qualities
Posted By
Best Tutors for school students, college students
Questions:
4811
Tutorials:
6581
Feedback Score:

Purchase it
Report this Question as Inappropriate
Question
Bentley Biscuits, a wholly-owned English subsidiary of U.S. Bakery (a U.S. firm) maintains its inventory at cost, and Bentley Biscuits’ books are reflected in British pound sterling. U.S. Bakery's functional currency is U.S. dollars. Determine the inventory value using both the temporal and current methods. Show how this will be reflected on Bentley Biscuits' statements and the consolidated statement of U.S. Bakery. Use the following information for this calculation: The historical cost of inventory is £500,000. The historical exchange rate is $0.550. The current exchange rate is $0.579.
Tutorials for this Question
Available for
$ 4.00

Bentley Biscuits

Tutorial # 00002220
Posted On: 10/17/2013 04:10 PM
Posted By:
Best Tutors for school students, college students mac123
Expert tutors with experiences and qualities
Questions:
4811
Tutorials:
6581
Feedback Score:
Report this Tutorial as Inappropriate
Tutorial Preview … &…
Attachments
bentley_biscuits.doc (23 KB)
Preview: 289,500 on the consolidated statements of .....
Purchase this Tutorial @ $4.00 *
* - Additional Paypal / Transaction Handling Fee (3.9% of Tutorial price + $0.30) applicable
List of Main Subjects
Accounting
Anthropology
Architecture
Art
Asian Studies
Astronomy
Biology
Business
Chemistry
Communications
Computer Science
Economics
Education
Engineering
English
Finance
Foreign Languages
Gender Studies
General Questions
Geography
Geology
Health Care
History
Kindergarten
Law
Linguistics
Literary Studies
Marketing
Mathematics
Music
Nursing
Performing Arts
Philosophy
Physics
Political Science
Psychology
Religious Studies
Sociology
Statistics
Urban Planning and Policy
View all subjects...
Loading...