what is benefits of holding inventories
Inventories are those costs the benefits of which has to be taken by company in future time period while payment made already as these are part of future revenue generating activities that's why inventories are assets of company.
conservatism
To determine cost of goods sold
replacement cost
segnificence of holding current
Inventories are those costs the benefits of which has to be taken by company in future time period while payment made already as these are part of future revenue generating activities that's why inventories are assets of company.
conservatism
To determine cost of goods sold
1. Providing Assortment on products and services, 2. Breaking Bulk 3.Holding Inventories
replacement cost
The opportunity cost of holding money is the nominal interest rate.
It depends on the item and price. A roll of toilet paper at $10.00 would be cost outweighs the benefits. A prescription of antibiotics at $4.00 would be the benefits outweigh the cost.
segnificence of holding current
company sells a limited quantity of high-unit cost items.
PepsiCo values its inventories using the lower of cost or net realizable value method, which ensures that inventory is recorded at the lower of its historical cost or the amount expected to be realized from its sale. The cost of inventories typically includes direct costs such as raw materials, labor, and overhead. Additionally, PepsiCo regularly evaluates its inventory for obsolescence and adjusts its valuation accordingly to reflect any necessary write-downs. This approach helps maintain accurate financial statements and supports efficient inventory management.
May a person inherit the benefits of holding public office from an ancestor and what article of US Constitution?
The plural is inventories. The plural possessive is inventories'.