Sunland Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras 115 units at a cost per unit of $69 Blu-ray players 171 units at a cost per unit of $75 iPods 125 units at a cost per unit of $81 The net realizable value of each of these products at year-end was cameras $75, Blu-ray players $51, and iPods $78. Determine the amount of ending inventory at lower-of-cost-or-net realizable value.

Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.