Weegy: C. permanent or real accounts User: A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. Weegy: A Company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. [ If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be $65.
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Weegy: It's False, Multinational corporations are U.S. [ companies that trade their securities on the exchanges in other countries
**Multinational corporations are firms that conduct their operations in more than one country through subsidiaries, divisions, or branches in foreign countries
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A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired.