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Question - Assume Nile.cum began September with 16 units of inventory that cost a total of $304. During September, Nile purchased and sold goods as follows:
Sep. 8
Purchase
48 units @$20
14
Sale
40 units @$40
22
32 units @$22
27
48 units @$40
Suppose Nile.com used the weighted-average inventory mating method and the perpetual inventory system. Compute the weighted average unit cost of the company's inventory on hand at September 8.
Perpetual Life Corp. has issued consol bonds with coupon payments of $60. (Consols pay interest forever and never mature. They are perpetuities.) If the required rate of return on these bonds at the time they were issued was 6%, at what price were..
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1. the following information will be used for all 5 of the following computational questions. in reviewing the books
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