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Business, 23.09.2019 20:00 megnik0714

The gross profit method of inventory valuation is invalid when a. a portion of the inventory is destroyed b. there is a substantial increase in inventory during the year c. there is no beginning inventory because it is the first year of operation d. applying a blanket gross profit rate to merchandise that have wide varying rates of gross profit

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The gross profit method of inventory valuation is invalid when a. a portion of the inventory is dest...
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