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Case Study about the Inventory btween Eastman Kodak Company and Canon Inc. After re

Case Study about the Inventory btween Eastman Kodak Company and Canon Inc. After re

Case Study about the Inventory btween Eastman Kodak Company and Canon Inc. After reviewing the financial statements and footnotes in the 10-K, discuss what
inventory costing method both companies use (e.g. FIFO, LIFO, etc.) If there is a difference between the main company and the competitor, discuss how this
difference may affect comparisons of inventory and cost of goods sold figures. Using the information from the financial statements for each company, calculate the
inventory turnover ratio and discuss how the ratios compare and what this may mean for each company. Using the information from the financial statements for each
company, calculate the “days sales in inventory” ratio and discuss how the ratios compare and what this may mean for each company. Do either of the companies show
any adjustments related to lower of cost or market? Explain why a company may report a lower of cost or market adjustment.

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