Saunders Corp, which accounts for inventory using the LIFO method, had 2,000 units in beginning inventory at a cost of $40 and had purchased 500 more for $43 . During the quarter, 1,300 units were sold
It is expected that the ending inventory at year end will be 1,800 units as Saunders anticipates purchasing additional units for $45 . The excess replacement cost for temporary liquidation for the quarter would be: a. $3,000
b. $6,000
c. $1,200
d. $3,600
a
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Shlomtza's Sheets has its checking account plus a line of credit with Superficially Friendly Bank. It draws from its credit line and uses the funds to add to its inventory. What are the results of thee actions?
a) Shlomtza's total assets and total liabilities both increase b) Shlomtza's total assets increase and total liabilities decease c) Shlomtza's total assets and total liabilities both decease d) Shlomtza's total assets decrease and total liabilities increase e) Shlomtza's total assets increase and total liabilities are unchanged f) Shlomtza's total assets and total liabilities are both unchanged
What factors do the rating agencies consider in analyzing the structural risk in
a securitization? What will be an ideal response?