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How analyze inventory the balance sheet



Incorporated & changed name to Urban Outfitters IPO - Shares offered at $18
600+ stores

Basic Accounting Help. (n.d.).

Financial Statement NotesPurpose

Store Opening CostsWhich costs expensed and why

Which costs capitalized and depreciated

Inventory - UOUO uses FIFO
Costs included in Cost of Goods
Purpose of a periodic review
What does inventory include

RecapAdvertising Costs
Store Opening Costs
Website Development CostsInventory
Accounting Method

Borkar, P. (2019, June 19). Components of Financial Statements: Step by Step Overview Examples. Retrieved from https://www.wallstreetmojo.com/components-of-financial-statements/.

Bragg, S. (2018, February 1). Inventory valuation. Retrieved from
https://www.accountingtools.com/articles/what-is-inventory-valuation.html.

Haden, J. (2012, October 26). How to Use Accounting as Strategy. Retrieved from

Kennon, J. (2019, May 11). How to Analyze Inventory on the Balance Sheet. Retrieved from https://www.thebalance.com/inventory-on-the-balance-sheet-357281.

Liberto, D. (2019, April 30). Straight Line Basis Definition. Retrieved from https://www.investopedia.com/terms/s/straightlinebasis.asp.

Tardi, C. (2019, July 9). Inventory Valuation - LIFO vs. FIFO. Retrieved from https://www.investopedia.com/articles/02/060502.asp.

Tuovila, A. (2019, July 24). What Are Footnotes to the Financial Statements? Retrieved from https://www.investopedia.com/terms/f/footnote.asp.

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