Obtain the 2016 annual report for Bombardier Inc. from the companys website or from SEDAR (www.sedar.com). Required:
Question:
Obtain the 2016 annual report for Bombardier Inc. from the company’s website or from SEDAR (www.sedar.com).
Required:
a. How much in inventories did the company have at the end of 2016? What three components comprise this amount?
b. How does the company determine the amount for work in progress on long-term contracts?
c. For finished products, how does the company determine the cost of finished goods on aircraft inventories?
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a According to Bombardiers 2016 annual report the company had 6692 billion in inventories at the end ...View the full answer
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