Bo 5) Michael has 40 newspapers to deliver. In one apartment building, he delivers 3/8 of them.
In the next apartment building, he delivers 2/3 of the remaining amount. How many papers does he have left to deliver?

2. using calculations based on a perpetual inventory system, determine the inventory balance altira would report in its august 31, 2021, balance sheet and the cost of goods sold it would report in its august 2021 income statement using the average cost method. (round "average cost per unit" to 2 decimal places.)