Pina Colada Corp. just began business and made the following four inventory purchases in June: June 1 171 units $1026
June 10 228 units 1596
June 15 228 units 1824
June 28 171 units 1539
$5985
A physical count of merchandise inventory on June 30 reveals that there are 228 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is
a. $1710.
b. $1824.
c. $1597.
d. $1995.

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase

Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?

You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. the portfolio's beta is 1.12. you plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. what will the portfolio's new beta be? do not round your intermediate calculations.