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rolpace88 rolpace88
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8 years ago
The FIFO (first-in, first-out) inventory method assumes the first items sold:
   I. were the first items purchased
   II. were the last items purchased
   III. are valued the same as the items in the ending inventory
A) II only
B) I only
C) III only
D) both II and III
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
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MillionMillion
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#1
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8 years ago
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rolpace88 Author
wrote...
#2
8 years ago
That is correct Slight Smile

Thx
wrote...
#3
8 years ago
You're welcome
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