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FIN 324 Week 3 Individual Assignment Assignments from the Readings 2-27

FIN 324 Week 3 Individual Assignment Assignments from the Readings 2-27

FIN 324 Week 3 Individual Assignment Assignments from the Readings 2-25

FIN 324 Week 3 Individual Assignment Assignments from the Readings 2-25

FIN 324 Week 2 Summary

FIN 324 Week 2 SummaryFIN 324 Week 2 Summary

FIN 324 Week 2 Learning Team Assignment Review of Financial Statements Paper

FIN 324 Week 2 Learning Team Assignment Review of Financial Statements Paper

FIN 324 Week 2 Individual Assignment Assignments from the Readings

FIN 324 Week 2 Individual Assignment Assignments from the Readings

FIN 324 Week 1 Individual Assignment Ethics Article Review

FIN 324 Week 1 Individual Assignment Ethics Article Review

Correct Answers Highlighted ( No Calculation)

1. Ben Brown bought a home for $225,000. He put down 20%. The mortgage is at 6 1/2% for 30 years. By using the table in the handbook, his monthly payment is __________.

$1,319.04

$1,319.40

$1,216.80

$1,139.40



2. Given the following: FIFO method - 16 units left in inventory

Jan. 1 Beginning inv 9 units at $105 = $ 945

Apr. 13 Purchased 14 units at $120 = $1,680

Sep. 17 Purchased 20 units at $130 = $2,600

Ded. 10 Purchased 14 units at $140 = $1,960

The cost of goods sold is __________.

$5,000

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