Partridge bookstore had 500 units on hand at january 1, costing $9 each. purchases and sales during the month of january were as follows: partridge uses the periodic inventory system. according to a physical count, 365 units were on hand at january 31. the cost of the inventory at january 31, under the fifo method is a a : $4,015. b : $3,650. c : $3,900. d : $3,285.

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

Acontinental polar air mass foms where

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.