The inventory records for Radford Company renected the following Beginning inventory on May 1 2,100...
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The inventory records for Radford Company renected the following Beginning inventory on May 1 2,100 units 55.BO First purchase on May 7 2,200 units $6.00 Second purchase on May 17 2,400 units $6.10 Third purchase on May 23 2,000 units 56.20 Sale on May 31 6,700 units @ $7.70 What is the amount of ending inventory assuming the FIFO cost flow method is used? Multiple Choice $12.400 $12,420 $12.180 Which of the following financial statements provides information about a company as of a specific point in time Multiple Choice Income statement Balance sheet Statement of cash flows Statement of changes in stockholders' equity
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