Brief exercise 6-03 in its first month of operations, windsor, inc. made three purchases of merchandise in the following sequence: (1) 400 units at $5, (2) 500 units at $7, and (3) 600 units at $8. assuming there are 300 units on hand at the end of the period, compute the cost of the ending inventory under (a) the fifo method and (b) the lifo method. windsor, inc. uses a periodic inventory system.

Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right