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Use the Functions f(x)=1125x5f ( x ) = \frac { 1 } { 125 } x - 5

question 51

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Use the functions f(x) =1125x5f ( x ) = \frac { 1 } { 125 } x - 5 and g(x) =x3g ( x ) = x ^ { 3 } to find (fg) 1( f \circ g ) ^ { - 1 } .

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Definitions:

Perpetual Inventory System

A method where inventory quantities and cost of goods sold amounts are updated continuously as sales occur and purchases are made.

Lower-of-cost-or-market

An accounting principle that values inventory at the lower of its historical cost or current market price.

Average Cost

A method of inventory valuation that calculates the cost of goods sold and ending inventory based on the weighted average of all units purchased.

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