Answer:
The value of ending inventory will be items of latest purchase.
Step-by-step explanation:
Given that,
Lisa Company uses the periodic inventory system to account for inventories.
Information related to Lisa Company's inventory at October 31 is given,
Suppose, find the value of ending inventory using the FIFO cost assumption if 500 units remains on hand at october 31
We need to calculate the value of ending inventory
Using FIFO method
Hence, The value of ending inventory will be items of latest purchase.
Answer:
The first graph would be correct
Step-by-step explanation:
Answer:
The first term of the geometric series is 1
Step-by-step explanation:
In this question, we are tasked with calculating the first term of a geometric series, given the common ratio, and the sum of the first 8 terms.
Mathematically, the sum of terms in a geometric series can be calculated as;
S = a(r^n-1)/( r-1)
where a is the first term that we are looking for
r is the common ratio which is 3 according to the question
n is the number of terms which is 8
S is the sum of the number of terms which is 3280 according to the question
Plugging these values, we have
3280 = a(3^8 -1)/(3-1)
3280 = a( 6561-1)/2
3280 = a(6560)/2
3280 = 3280a
a = 3280/3280
a = 1
B, D, and E
The absolute value of -37 is 37.
The absolute value of 37 is also 37.
When you distribute the negative in the parenthesis the -37 becomes positive.
