Hi Kiddo, Now that you're taking a finance class, I was hoping you could settle a disagreement that your father and I are having. We are considering buying stock in General Electric (GE). We agree on what the dividends will be in the near future and how risky the company is, but I liked to hold stock in our portfolio for just a couple of years and your dad likes to hold for 10 years or more. Based on what you've been learning about valuing financial assets, do you think we should be able to agree on a fair price for the stock given how we can't agree on how long to hold the stock? That is, should our intended holding period affect what we should be willing to pay? I hope to hear from you soon!

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?