A company had beginning inventory of 200 units costing $5.00 each. During the year they made the following purchases: April 20, 300 units at $6.00 each; June 14, 250 units at $7.00 each; August 12, 200 units at $8.00 each; and November 15, 50 units at $9.00 each. There were 260 units remaining in inventory at the end of the year. What was the value of the ending inventory, assuming FIFO? $2,120.00 $2,210.00 $1,630.00 $1,360.00

$2120 (closing inventory)

Step-by-step explanation:

FIFO is first in first out method of stock keeping. So basically here you have the closing inventory of 260 units. So you can take:

50 * 9 = 450

200 * 8 = 1600                           (since its FIFO so you sell that stock first which you purchased first after which you are  

10 * 7 = 70                                  left with this - adds up to 260 units )

50 + 200 + 10 = 260 units

$450 + $1600 + $70 = $2120 (closing inventory)

arithmetic sequence

step-by-step explanation:

given that a sequence has terms as

19, 15, 11,

this is represented on a graph

the pattern indicates that the sequence is an arithmetic sequence with i term

a=19 and common difference d =-4

any general term

thus the sequence is reduced by 4 for each successive term starting from 1 and nth term is

24-5n.

first negative term would start after 5th term

5th term =24-25< 0

from 5th term onwards the sequence would be negative.

answer: idk

step-by-step explanation: