In year 2, Rossman Corp, changed its inventory method from FIFO to the weighted average method. The change resulted in a decrease in beginning inventory for year 2 of $10,000. What were the income statement effects of this change?
Earnings per share for year 1 decreased
Answers: 3
Business, 21.06.2019 20:40
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In year 2, Rossman Corp, changed its inventory method from FIFO to the weighted average method. The...
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