Suppose that we flip a fair coin until either it comes up tails twice or we have flipped it six times. What is the expected number of times we flip the coin

2. using calculations based on a perpetual inventory system, determine the inventory balance altira would report in its august 31, 2021, balance sheet and the cost of goods sold it would report in its august 2021 income statement using the average cost method. (round "average cost per unit" to 2 decimal places.)