Delmott sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Below is information relating to Delmott?s purchases of Xpert snowboards during September. During the same month, 102 Xpert snowboards were sold. Delmott uses a periodic inventory system. Date Explanation Units Unit Cost Total CostSept. 1 Inventory 15 $104 $1.560Sept. 12 Purchases 44 108 4,752Sept. 19 Purchases 51 111 5,661Sept. 26 Purchases 21 112 2,352 Totals 131 $14,325Required:a. Compare ending inventory using a perpetual inventory system to ending inventory using a periodic inventory system. b. Compute the ending inventory at September 30 using the FIFO, LIFO and average-cost methods. c. Compute the cost of goods sold at September 30 using the FIFO, LIFO and average-cost methods.

The following information relates to wagner, inc.: advertising costs $ 18 comma 600 administrative salaries 17 comma 800 delivery vehicle depreciation 1 comma 500 factory repair and maintenance 600 indirect labor 10 comma 000 indirect materials 18 comma 000 manufacturing equipment depreciation 3 comma 000 office rent 58 comma 000 president's salary 1 comma 100 sales revenue 600 comma 000 sales salary 5 comma 200 how much were wagner's period costs

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.

Atrough in the business cycle occurs when