Glasgow enterprises started the period with 80 units in beginning inventory that cost $2.00 each. during the period, the company purchased inventory items as follows. glasgow sold 230 units after purchase 3 for $2.00 each. purchase no. of items cost 1 210 $ 2.50 2 155 $ 2.60 3 55 $ 3.00 glasgow's ending inventory under weighted average would be approximately: (round your intermediate calculations to 2 decimal places.)

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

How an absolute advantage might affect a country's imports and exports?

Powell company began the 2018 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retained earnings. during 2018, powell experienced the following events: sold merchandise costing $58,000 for $99,500 on account to prentise furniture store. delivered the goods to prentise under terms fob destination. freight costs were $900 cash. received returned goods from prentise. the goods cost powell $4,000 and were sold to prentise for $5,900. granted prentise a $3,000 allowance for damaged goods that prentise agreed to keep. collected partial payment of $81,000 cash from accounts receivable. required record the events in a statements model shown below. prepare an income statement, a balance sheet, and a statement of cash flows. why would prentise agree to keep the damaged goods?