29. LCM - If market price falls below the cost of inventory (can either buy it for less than what we paid or can only sell it for less than what we paid), then write down the inventory to the market price. Cost = $20/unit Market Value = $15/unit 100 units in inventory. What should be in the inventory account and show up on the balance sheet? 30. Debt to Assets Ratio Can you calculate Liabilities if only given Assets and Stockholder's Equity numbers? 31. What is the weighted average cost per unit of inventory if purchased at: 50 @ $20 each 30 @ $21 each 40 @ $20.50 each