Question 19 a company just starting in business purchased three merchandise inventory items at the following prices. first purchase $70; second purchase $80; third purchase $75. if the company sold 2 units for a total of $230 and used fifo costing, the gross profit for the period would be a) $85. b) $80. c) $70. d) $75.

Alyssa works for an engineering firm that has been hired to design and supervise the construction of a highway bridge over a major river. the bridge will be a unique design, incorporating complex designs that will likely never be duplicated. how should alyssa deal with designing and overseeing the building of the bridge?

What does the phrase limited liability mean in a corporate context?

Astock is selling today for $50 per share. at the end of the year, it pays a dividend of $3 per share and sells for $58. a. what is the total rate of return on the stock? (enter your answer as a whole percent.) b. what are the dividend yield and percentage capital gain? (enter your answers as a whole percent.) c. now suppose the year-end stock price after the dividend is paid is $42. what are the dividend yield and percentage capital gain in this case? (negative amounts should be indicated by a minus sign. enter your answers as a whole percent.)