Mgmt 200 Fall 2009 Homework 3

Mgmt 200 Fall 2009 Homework 3 - LAST NAME: _ FIRST...

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LAST NAME: _____________ FIRST NAME______________PUID_________________ Please write your name in BLOCK letters and in the format: Last name, First name. Management 200 – Introductory Financial Accounting– Fall 2009 Krannert School of Management - Purdue University Homework 3 – due Friday, October 2, 2009 IMPORTANT: This homework must be turned in on this sheet of pages (please staple). It is preferred that you print it out two-sided if at all possible. Assignments not completed on this form will not be graded. The grade for this assignment will be based on the correctness of a partial portion of the assignment – the full assignment will not be graded. Please print your name and PUID clearly and legibly in the spaces above. African Imports was formed in late 2006 to purchase and import organic coffee beans from Ethiopia. Unfavorable exchange rates caused the cost of these coffee beans to more than double during 2007 and 2008. Sales for 2008 (2007) totaled $45,937,500 or 7,350 tons ($28,350,000 or 5,400 tons). African Imports uses a periodic inventory system and
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Mgmt 200 Fall 2009 Homework 3 - LAST NAME: _ FIRST...

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