Use this inventory information for the month of May to answer the following question. May 1 Beginning inventory 40 units @ $76 7 Purchase 140 units @ $80 18 Sale 50 units 22 Purchase 20 units @ $88 29 Sale 80 units Assuming that a perpetual inventory system is used, what is cost of goods sold (rounded) under the average-cost method?
A) $5,620
B) $6,420
C) $10,380
D) $12,040
C
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The best place in a SWOT analysis to list a highly-competent workforce is ________.
A. internal opportunities B. internal strengths C. external opportunities D. external threats E. internal weaknesses
Horizontal price fixing occurs when:
A) A manufacturer requires its independent dealers to sell its products at a given price. B) One or more companies charge the same prices for goods at all their stores for an unreasonable length of time. C) A company with the entire market on a patented product sells the product at a fixed price. D) Prices are determined with reference to an index, such as the average price of crude oil, which neither the seller nor a purchaser can control. E) Two or more competing companies agree on the prices to charge for their products.
Under the TILA, a qualified mortgage (QM)
A. limits upfront points and fees to 5 percent. B. limits all of a borrower's debt to 43 percent of his or her income. C. allows balloon payments only if the borrower agrees up front. D. must allow for negative amortization.
A security and network ____ is a document, agreement, or contract that defines acceptable and unacceptable uses of computer and network resources.
A. usage license B. usage policy C. access license D. access policy