Lily Co. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold. Units Unit Cost Total Cost May 1 Inventory 32 $6 $192 15 Purchases 27 9 243 24 Purchases 32 10 320 Totals 91 $755 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods.

Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?

Because the demand for wheat tends to be inelastic. true or false

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%