Answer:
b. $640,000
Explanation:
The computation of the ending inventory using the periodic inventory system is as follows:
But before that the ending inventory units is
= Beginning inventory units + purchased units - sold units
= 400 + 800 + 1,200 + 800 - 3,000
= 200 units
Now the ending inventory is
= 200 units × $3,200
= $640,000
hence, the ending inventory using the periodic inventory system is $640,000
Therefore the correct option is B
Answer:
D.
Explanation:
A treasury note is a form of currency that needs to get paid back with interest at a certain date.
Treasury notes, also known as T-notes, are issued by the US treasury. It earns a fixed interest rate every six months till it gets matured. The treasury notes get issued in terms of 2, 3, 5, 7, and 10 years. By issuing the treasury notes, the US government partially funds itself.
A treasury note is a promissory note that is to be paid back with interest.
Therefore, option D is correct.
Annual rate of return uses a simpler calculation that does not require the use of annuity tables.
What is annuity tables?
A tool for calculating the present value of an annuity or other structured sequence of payments is an annuity table. In order to calculate how much money would be owed to an annuity buyer or annuitant, such a tool, used by accountants, actuaries, and other insurance experts, considers how much money has been invested in an annuity and how long it has been there.
A financial calculator or the software designed for this purpose can also be used to calculate the present value of any future annuity amount.
A tool for figuring out an annuity's present value is an annuity table.
Learn more about annuity tables with the help of given link:-
brainly.com/question/15138110
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