Signal to noise ratio of ABR is proportional to _____.

The minimum sampling rate to record an ABR in the range of 100-3000 hz should be __________. 

Use the following purchase and sales data:   Date                Description                              Units                           price/unit 1/1                   Beginning inventory               1,000                           $8 2/5                   Sale                                         200                              $20 2/15                 Sale                                         300                              $20 3/1                   Purchase                                  500                              $9 9/1                   Purchase                                  500                              $10 11/1                 Sale                                         800                              $20 12/30               Purchase                                  500                              $11        What is the cost of goods sold under perpetual FIFO?

Bonus #2:     In a retailer’s periodic inventory system, the beginning inventory is the

USF, Inc. is located in Tampa with suppliers and customers in other states. They perform a physical count of inventory and determine that they have $500,000 in inventory in their warehouse on 12/31/2022. They examine their purchase invoices, they note that among the $50,000 in goods that have been purchased but have not yet been received by USF, Inc. at year end $30,000 are FOB Tampa and the other $20,000 are FOB Atlanta. When they similarly examine their sales invoices, they note that among their $100,000 in inventory that is sold in the current year and is in-transit (being shipped to their consumers) $60,000 is FOB Las Vegas and $40,000 is FOB Tampa.    What is the total inventory that USF, Inc. should report on its financial statements?

On 1/1/2023 ABC, Inc. sells some equipment in exchange for 5 annual payments of $5,000 per year due at the end of each year (so ABC will be receiving the first payment on 12/31/2023). ABC uses a 7% rate for discounting future cash flows. What is the journal entry(ies) that ABC (they are the seller!) would record on 1/1/2023 (you can ignore the cost of goods sold and inventory impact related to the cost of the equipment for this exchange and just focus on the revenue related accounts)?

On which financial statement would you find the Cost of Goods Sold account and what is the normal balance for Cost of Goods Sold?

ABC, Inc. uses the LIFO periodic cost flow assumption. They sell their product for $20 per unit each year. At the end of 2022 ABC, Inc. reports the following ending inventory (and related costs per unit) related back to prior year purchases that have yet to be “sold”:   20,000 units (purchases exceeded sales in 2019 @ $9 cost per unit)             = $180,000 10,000 units (purchases exceeded sales in 2020 @ $10 cost per unit)           = $100,000 20,000 units (purchases exceeded sales in 2021 @ $11 cost per unit)           = $220,000 10,000 units (purchases exceeded sales in 2022 @ $12 cost per unit)           = $120,000 60,000 units total in ending inventory                                                                = $620,000   In 2023, ABC, Inc. has a great year and sales exceed purchases by 50,000 units!  The units purchased in 2023 cost $14 per unit.  How much is 2023 net income going to be inflated due to liquidation of old inventory layers (at lower costs than current costs)?

On January 1, 2012 XYZ sells 10,000 units of inventory to ABC.  The list price of each unit of inventory sold is $20.  Due to the high volume of inventory purchased by ABC, XYZ offers a 10% trade discount on this purchase price.  In addition, XYZ offers a cash discount with term 3/15, n/45 to encourage faster collection.  XYZ uses the net method to account for cash discounts.  ABC pays for the inventory on January 13th to pay off the balance in full. What is the revenue journal entry that XYZ will record on January 1, 2012?

Which of the following is included in ending inventory when considering goods in transit at year end?