The inventory balance for 9,000 basketball tikets games ( consider them as product) is $105 per game. The game will be held at the university. In connection with men's basketball, the university faces five Level I allegations - the most serious sanctions the university may impose. In addition, Self is directly accused of head coaching deficiency as well as institutional control failure. There are a number of aggravated circumstances in this instance, and a limited number of mitigating factors, hinting that possible sanctions are more likely to fall on the higher end of the university penalty scale. It is becoming more and more apparent that the university should not host the games. As of now, it's unknown whether these allegations will affect the resale value of the tikets.

Use ASPE OR IFRS