Chapter 7 — Inventory
Chapter 7 Outline
7.0 Why It Matters
LO 7.1 Describe and Demonstrate the Basic Inventory Valuation Methods and Their Cost Flow Assumptions
LO 7.2 Calculate the Cost of Goods Sold and Ending Inventory Using the Periodic Method
LO 7.3 Calculate the Cost of Goods Sold and Ending Inventory Using the Perpetual Method
LO 7.5 Examine the Efficiency of Inventory Management Using Financial Ratios
