Answer:
Ending inventory cost= $948
Explanation:
Giving the following information:
First Purchase= 310 units for $3 each
Second Purchase= 220 units for $4.9 each
Units sold= 290
First, we need to calculate the weighted average cost:
Weighted average cost= (3 + 4.9)/2= $3.95
Ending inventory (units)= 240 units
Now, ending inventory cost:
Ending inventory cost= 240*3.95= $948
D As we move forward to a cashless society it will be a POS card reader that will be vital for businesses to meet clients away from the office
<span>Which financing is also known as “risk capital”? Mezzanine loans/financing. These are given out by financial institutions and are considered to be true risk capital because they rely on long term cash flows. Risk capital is also known as venture </span>capital. There is a large amount of risk when a new business starts or is expanding. Companies will use mezzanine loans/financing to finance these projects.
Answer:
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