The following information is for Francis Inc. Units Price/Unit Total 10/1 Balance 200 $2.00 $400 Purchases 6-Oct 500 $2.10 $1,050 13-Oct 600 $2.30 $1,380 22-Oct 900 $2.60 $2,340 Available for sale 2,200 $5,170 Sales 7-Oct 400 $4.10 $1,640 19-Oct 700 $4.30 $3,010 28-Oct 800 $4.80 $3,840 Total Sales 1,900 $8,490 Required: A. Assume Francis uses the periodic inventory cost method. Calculate the cost of goods sold and the ending inventory balances using the FIFO, LIFO, and Weighted Average methods. B. Which of the following methods will result in the lowest net income

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is

Each state’s organizational structure is guided by the federal government. true or false?