The inventory data for an item for November are:

1. Nov. 1: Inventory 20 units at $19
2. Nov. 10: Purchased 30 units at $20
3. Nov. 4: Sold 10 units
4. Nov. 17: Sold 20 units
5. Nov. 30: Purchased 10 units at $21
Using a perpetual system, what is the cost of the merchandise sold for November if the company uses LIFO?

a. $610
b. $600
c. $590
d. $580

What is the most direct result of free trade supplying productive resources to areas where they're most needed? a. enhanced efficiency b. lower interest rates c. increasing specialization d. greater competition 2b2t

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk