Perpetual inventory using lifo beginning inventory, purchases, and sales data for dvd players are as follows: november 1 inventory 50 units at $51 10 sale 38 units 15 purchase 66 units at $54 20 sale 36 units 24 sale 11 units 30 purchase 27 units at $57 the business maintains a perpetual inventory system, costing by the last-in, first-out method. determine the cost of goods sold sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in exhibit 4. under lifo, if units are in inventory at two different costs, enter the units with the higher unit cost first in the cost of goods sold unit cost column and lower unit cost first in the inventory unit cost column.

Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase