Carver co., a retailer, uses the perpetual inventory method. carver uses the moving-average method to determine the value of its inventory. the following information relates to inventory transactions that took place during the month of march: 3/1 beginning inventory 30,000 units at $10 3/5 purchase 10,000 units at $12 3/10 sales at $20 per unit 20,000 units 3/20 purchase 20,000 units at $13 what amount should carver report as cost of goods sold on its income statement at the end of march?

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?