Max purchased an antique watch from a local store for $500. as soon as max stepped outside the shop with the watch, a man approached him claiming that the watch was actually his and had been stolen over a week ago. he claimed that the watch was personalized with his initials and showed max his driver's license. max checked the watch and realized that he was in fact the owner of the watch. in the context of rights of ownership, which of the following is true in this scenario? a. max has title to the watch since he purchased it in good faith, without knowing that it was stolen. b. max has title to the watch as it was a legitimate purchase, whether or not he knew it was stolen. c. max should return the watch to the store owner, who has title to the watch because he sold it. d. max should return the watch to the man who approached him, as this man is the actual owner.

Problem 8-6 cullumber company is a multi product firm. presented below is information concerning one of its products, the hawkeye. date transaction quantity price/cost 1/1 beginning inventory 2,700 $17 2/4 purchase 3,700 26 2/20 sale 4,200 43 4/2 purchase 4,700 33 11/4 sale 3,900 47 calculate average-cost per unit. (round answer to 4 decimal places, e.g. 2.7613.) average-cost per unit $ link to text compute cost of goods sold, assuming cullumber uses: (round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 0 decimal places, e.g. 6,548.) cost of goods sold (a) periodic system, fifo cost flow $ (b) perpetual system, fifo cost flow $ (c) periodic system, lifo cost flow $ (d) perpetual system, lifo cost flow $ (e) periodic system, weighted-average cost flow $ (f) perpetual system, moving-average cost flow $ click if you would like to show work for this question: open show work