Lionworks Enterprises had the following inventory data:

Date Quantity Unit Cost
July 1 Beginning Inventory 5, $52
July 4 Purchase 10 $55
July 7 Sale 12 July 11
Purchase 9 $58
July 14 Sale 8
Assuming LIFO and perpetual inventory, what is the cost of goods sold for the July 7 sale?

a. $654
b.$645
c.$660
d.$648

Describe the three different ways the argument section of a cover letter can be formatted

Your own record of all your transactions. a. check register b. account statement

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration