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ales QUESTION 18 The inventory records for Games Co. reflected the following for the month of May. Beginning inventory on May 1 = 100 units
ales QUESTION 18 The inventory records for Games Co. reflected the following for the month of May. Beginning inventory on May 1 = 100 units at $4.00 per unit Purchase #1 on May 7 = 300 units at $4.40 per unit Purchase #2 on May 17 = 500 units at $4.60 per unit Purchase #3 on May 23 - 100 units at $4.80 per unit Sales for month of May = 900 units at 37.80 per unit Determine the amount of cost of goods sold assuming the LIFO cost flow method. O a. $4,100 b.$2,360 . -- $3,600 d. 54,320 Click Save and Submit to save and submit. Click Save All Answers to save all answers L 0 O Type here to search QUESTION 19 A statement of cash flows that is presented in good form is typically classified into: O a. Three sections: operating activities, financing activities and cash balances O b. Four sections: operating activities, investing activities, net income, and financing activities OC. Two sections: operating activities and cash balances Od. Three sections: operating activities, investing activities and financing activities QUESTION 20 Alkinnathanaven a flat fonction in india Click Save and Submit to save and submit. Click Save All Answers to save all answers. Type here to search o
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