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Business, 13.11.2019 21:31 shamayajohnsonsh5

Raleigh department store converted from the conventional retail method to the lifo retail method on january 1, 2014, and is now considering converting to the dollar-value lifo retail inventory method. management requested, during your examination of the financial statements for the year ended december 31, 2016, that you furnish a summary showing certain computations of inventory costs for the past three years. available information follows:

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Raleigh department store converted from the conventional retail method to the lifo retail method on...
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