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QUESTION 7 1 points Save Answer On April 1, 2020, Balboa Company invests $50,000 in a 6-month CD that pays an annual interest rate of

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QUESTION 7 1 points Save Answer On April 1, 2020, Balboa Company invests $50,000 in a 6-month CD that pays an annual interest rate of 3 percent. How much cash will Balboa receive when the CD matures? QUESTION 8 1 points Save Answer Automobile Audio has the following inventory data: Nov. 1 8 17 25 Inventory Purchase Purchase Purchase 30 units @ $6.00 each 120 units a $6.45 each 60 units @ $6.30 each 90 units @ $6.60 each A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Ending inventory under FIFO is O $632 O $657 O $1,295 0 $1,269

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