Obtain the 2013 annual report for Bombardier Inc. from the companys website or from SEDAR (www.sedar.com). Required:
Question:
Obtain the 2013 annual report for Bombardier Inc. from the company’s website or from SEDAR (www.sedar.com).
Required:
a. How much in inventories did the company have at the end of 2013? What three components comprise this mount?
b. How does the company determine the amount for work in progress on long-term contracts?
c. For finished products, how does the company determine the cost of finished goods on aircraft inventories?
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a The balance sheet shows inventories at 8234 million Note 17 shows three components comprising this amount being Aerospace programs 4847m workinproce...View the full answer
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