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Simple MCQ from Financial Accounting class. Please answer it ASAP!!! ed QUESTION QUESTION Collapse 0 000 QUESTION 13 The following information applies to the questions
Simple MCQ from Financial Accounting class. Please answer it ASAP!!!
ed QUESTION QUESTION Collapse 0 000 QUESTION 13 The following information applies to the questions displayed below The inventory records for Radford Co. reflected the following Beginning inventory May 1 100 units 54.00 First purchase May 200 units $4.00 Second purchase May 17 1500 units Third purchase o May 23 100 units 5430 1900 units 5720 What is the amount of gross margin assuming the weighted average inventory cost flow method 52.012 51314 $2.970 $3.015 $2.970 $3.015 QUESTION 14 The following accounts and balances were drawn from the records of Bares company Cash 5 4500 Accounts receivable 52.700 Equioment 510.000 Accumulated depreciation 5 3200 Accounts payable $ 2.800 Common stock $ 8.000 Based on this information on the amount of Bamess retained earnings is 511.600 None of these answer is correct
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