Amount of work-in-process inventory


Using the table below, answer the given sample problems.

Problem 1. What is the percentage of R&D relative to net revenues in 2008?

Problem 2. What is the amount by which property, plant, and equipment decreased during 2008 (from depreciation, asset sales, and similar transactions)?

Problem 3. What is the change in total liabilities from 2004 to 2008?

Problem 4. Find the amount of work-in-process inventory for 2008 in the table below.

Problem 5. Find the total revenues from unaffiliated customers earned in Europe for 2008

Problem 6. Find the company's effective tax rate percentage for 2008

Problem 7. Find the adjusted cost and estimated fair value of investments held in asset-backed securities for 2008.

Problem 8. Find the amount of land and buildings, exclusive of construction in progress for 2008

Problem 9. Find the market price range of common stock for the fourth quarter of 2008. High? Low?

Selected Financial data:

2366_Selected Financial data.jpg

The ratio earnings to fixed charges for each of the five years in the period ended December 27, 2008 was as follows:

2008     2007     2006     2005     2004
51x        72x      50x      169x     107x

Fixed charges consist of interest expense, capitalized interest, and the estimated interest component of rent expense.

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Accounting Basics: Amount of work-in-process inventory
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