Wildhorse co. uses a periodic inventory system. details for the inventory account for the month of january 2017 are as follows:
units per unit price total
balance, 1/1/2017 320 $5.00 $1600
purchase, 1/15/2017 160 ..5.70 912
purchase, 1/28/2017 160 ..5.90 944
an end of the month (1/31/2017) inventory showed that 260 units were on hand. if the company uses fifo, what is the value of the ending inventory?

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.