The total list price for in-state Connecticut residents to go to ECSU is $22,210 for the 2014/2015 academic year. Out-of-state students who don't possess Connecticut residence can expect a one year cost of $32,496.
What is 'Periodic Inventory' Periodic inventory is a method of inventory valuation for financial reporting purposes where a physical count of the inventory is performed at specific intervals. This accounting method for inventory valuation only keeps track of the inventory at the beginning of a period, the purchases made and the sales during the same period and is recorded under the asset section of the balance sheet.
The main difference between the two systems is how often inventory data is updated. THE PERIODIC METHOD. The periodic inventory method is one in which inventory data is updated after a specific interval of time, usually a year. This is where the term periodic comes from. Data is entered into the inventory systems after a specific period of time. The periodic inventory system is most useful for smaller businesses that maintain minimal amounts of inventory.