5 ; 248 ; 245 Accounting procedures allow a business to evaluate their inventory costs based on two methods: LIFO (Last In First Out) or FIFO (First In First Out). A manufacturer evaluated its finished goods inventory (in $000s) for five products with the LIFO and FIFO methods. To analyze the difference, they computed (FIFO − LIFO) for each product. We would like to determine if the LIFO method results in a lower cost of inventory than the FIFO method. If you use the 5% level of significance, what is the critical t value?
The fence around a quadrilateral-shaped pasture is 3a^2+15a+9 long. three sides of the fence have the following lengths: 5a, 10a-2, a^2-7. what is the length of the fourth side of the fence?
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