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Title: A retailer's ending retail book value of inventory is $165,000. A physical inventory (at retail) ...
Post by: 100% on May 13, 2018
A retailer's ending retail book value of inventory is $165,000. A physical inventory (at retail) equals $177,000. The retailer ________.
A) switched from LIFO to FIFO
B) switched from FIFO to LIFO
C) has a stock shortage of $12,000
D) has a stock overage of $12,000


Title: Re: A retailer's ending retail book value of inventory is $165,000. A physical inventory (at ...
Post by: edrop on May 13, 2018
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