subject
Business, 19.10.2021 09:50 biancabahena04

A company had inventory on November 1 of 5 units at a cost of $18 each. On November 2, they purchased 11 units at $20 each. On November 6 they purchased 7 units at $23 each. On November 8, 11 units were sold for $53 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:00
Which statement is true of both presidential and parliamentary systems of government? a. the executive branch operates independently from the legislative branch. b. the members of the legislative branch are directly elected by the people. c. the head of government is chosen by members of his or her political party. d. the head of government is directly elected by the people
Answers: 1
question
Business, 22.06.2019 09:00
Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.
Answers: 1
question
Business, 22.06.2019 10:00
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
question
Business, 22.06.2019 12:10
Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:
Answers: 1
You know the right answer?
A company had inventory on November 1 of 5 units at a cost of $18 each. On November 2, they purchase...
Questions
question
Mathematics, 08.02.2021 20:50
question
French, 08.02.2021 20:50
question
Chemistry, 08.02.2021 20:50
Questions on the website: 13722367