Maxell Company uses the FIFO method to assign costs to inventory and cost of goods sold. The company uses a periodic inventory system. Consider the following information: Date Description # of units Cost per unitJanuary 1 Beginning inventory 140 $4June 2 Purchase 80 $3November 5 Sales 160 What amounts would be reported as the cost of goods sold and ending inventory balances for the year?A. Cost of goods sold $640; Ending inventory $140B. Cost of goods sold $700; Ending inventory $210C. Cost of goods sold $560; Ending inventory $240D. Cost of goods sold $620; Ending inventory $180

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.