A Company Uses the Periodic Inventory System and Had the Following

question 205

Multiple Choice

A company uses the periodic inventory system and had the following activity during the current monthly period. $$\begin{array} { | l | l | l | } \hline \text { November 1: } & \text { Beginning inventory } & 100 \text { units @ \$20 } \\\hline \text { November 5: } & \text { Purchased } & 100 \text { units @ \$22 } \\\hline \text { November 8: } & \text { Purchas ed } & 50 \text { units @ \$23 } \\\hline \text { November 16: } & \text { Sold } & 200 \text { units @ \$45 } \\\hline \text { November 19: } & \text { Purchased } & 50 \text { units @ \$25 } \\\hline\end{array}$$ Using the weighted-average inventory method, the company's ending inventory would be:

• A) $4,400
• B) $2,250
• C) $2,400
• D) $2,200
• E) $2,000

Understand the basics of capital budgeting and the different methods used for evaluating investment projects.

Learn how to calculate the net present value (NPV) of an investment and understand its importance in investment decision making.

Comprehend the impact of discount rates on the present value of future cash flows.

Understand the significance of additional working capital and its effect on investment projects.

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Definitions:

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