In 20B,Landings Inc

question 15

Multiple Choice

In 20B,Landings Inc.provided the following items in their footnotes.Its cost of goods available for sale was $6.2 billion under FIFO costing and its ending inventory value under FIFO costing was $2.1 billion.Its opening inventory was $2.5 billion.What was itspurchases?

• A)$3.7 billion
• B)$4.1 billion
• C)$4.6 billion
• D)$8.3 billion

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Definitions:

Linked List

A linked list is a linear collection of data elements, in which each element points to the next, forming a sequence.

LinkedList Library

A collection of classes and interfaces in Java that implements a doubly linked list data structure, allowing for efficient insertion and removal operations.

Hash Function

A function that takes input of any size and produces a fixed-size string of bytes, typically used in hash tables to quickly locate a data record.

Data Value

The actual value held by a variable or constant, representing information such as numbers, characters, or booleans in programming.