The Units of Manganese Plus Available for Sale During the Year

question 45

Essay

The units of Manganese Plus available for sale during the year were as follows:
There are 15 units of the product in the physical inventory at November 30. The periodic inventory system is used. Determine the inventory cost by (a) FIFO, (b) LIFO, and (c) average cost methods.

Understand the relationship between bond prices and market interest rates.

Calculate the number of bonds needed to be issued to raise a certain amount of money.

Understand the concepts of coupon rate, duration, and their impact on bond investment decisions.

Determine the inflation rate given nominal and real rates of return.

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