Question
The information below is provided for Sea Company: Ending Inventory Price Year End-of-Year Prices Index 2014 $ 90,000 100 2015 97,650 105 2016 103,550 109
The information below is provided for Sea Company:
|
| Ending Inventory | Price |
| Year | End-of-Year Prices | Index |
| 2014 | $ 90,000 | 100 |
| 2015 | 97,650 | 105 |
| 2016 | 103,550 | 109 |
| 2017 | 109,760 | 112 |
Required:
Compute Sea Company
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Internal Auditing Principles And Techniques
Authors: Richard L. Ratliff, W. Wallace, Walter B. Mcfarland, J. Loeboecke
2nd Edition
0894133268, 978-0894133268
