Question
Let's assume that you have been hired as an accounting consultant to a medium size company that is engaged in the manufacture of car tires.
Let's assume that you have been hired as an accounting consultant to a medium size company that is engaged in the manufacture of car tires. The accountant of the company is not sure about the subsequent measurement of below financial items and request your assistance. Ending Inventory ( assume that company does not use LIFO or Retail Inventory method) Goodwill impairment testing Investments in debt securities. Research the above topics in the FASB Codification database and prepare a paragraph to summarize each topic and explain the navigation to the topic in the database (topic-subtopic, section and paragraph).
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