In its first month of operations, Waterway Company made three purchases of merchandise in the following sequence: (1) 340 units at $6, (2) 450 units at $7, and (3) 250 units at $8. Assuming there are 420 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Waterway uses a periodic inventory system.

If you want to compare two different investments, what should you calculate

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)