A firm has a beginning inventory of 100 units that cost $8 each. It makes two purchases during the period: first purchase of 100 units at $9 each and a later purchase of 200 at $10 each. A physical inventory indicates 100 units on hand at year-end. The inventory method used is Periodic FIFO. What inventory value should be presented in the year-end balance sheet

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year