- This topic has 1 reply, 2 voices, and was last updated 1 year ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Chuckle (SEP/DEC 2021), exhibit 3
Current assets include finished goods with a cost of $84 million. The fair value of these goods is $131 million.
The question asks to calculate Deferred Tax on current assets. But isn’t finished goods just another name for inventory? And if yes, do we calculate DT on inventory?
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.