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Your Name 9) During 2018, Parker Enterprises generated revemues nus of $180 follows cost of goods sold of $46000, operating exp equipment of $3000 Parker's

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Your Name 9) During 2018, Parker Enterprises generated revemues nus of $180 follows cost of goods sold of $46000, operating exp equipment of $3000 Parker's income from operations is a) $90000. b) $45000. c) $180o0. d) $27000. The company's expensce s3) The following information is available for Everett Company sold $1000 inventory $80,000,e Everett's inventory turnover in 2015 is a) 18 times b) 10.5 times. c) 13.2 times t Company at December s1, 2015 $120,000, cost of $1,050,000; and sales $1,800,000 d) 8.7 times s+-35 Goodman Company's inventory records show the following data: Units Cost InventoryJan 1 10,000 $900 Purchases Jun 18 9,000 820 Nov 8 600o 70o A physical inventory on December 31 shows 6,000 un its on hand. 34) Under the FIFO method, the December 31 inventory is a) $49,392. b) $49,200. c) $54,00o. d) $+2,00o. 35) Under the LIFO method, the December 31 inventory a) $5+,000 b) $49,592. c) $19,200 d) $42,000. 36- 37. Partridge Bookstore had 500 units on hand at January 1, costing $9 each. Purchases and sales during the month of January were as follows: Parchaes Sales Date Jan. 14 575 (81 Jan. 17 5o @s10 Jan 25250811 Jan. x9 260 g sie According to a physical count, 565 units were on hand at January s1. s6) The cost of the inventory at January 31, under the FIFO method is: a) $3285. b) $3900. c) $3650. d) $4015. 37) The cost of the inventory at January 31, under the LIFO method is a) $3650. b) $3285. c) $3765 d) $1015

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