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Inventory Valuation Methods at Dell Values: Beginning Inventory: $130,000,000 Purchases: $85,000,000 Sales Revenue: $210,000,000 Requirements: Calculate the ending inventory using the LIFO method. Determine the
Inventory Valuation Methods at Dell
- Values:
- Beginning Inventory: $130,000,000
- Purchases: $85,000,000
- Sales Revenue: $210,000,000
- Requirements:
- Calculate the ending inventory using the LIFO method.
- Determine the cost of goods sold (COGS) using LIFO.
- Discuss the impact of inventory valuation on financial statements.
- Analyze the advantages and disadvantages of LIFO for Dell.
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