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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
When inventory prices are declining, the weighted-average method will generally result in a:
A) lower gross margin than FIFO.
B) higher ending inventory value than FIFO.
C) lower owner's equity balance than FIFO.
D) higher cost of goods sold than FIFO.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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6 years ago
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harra Author
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#2
6 years ago
thank you × a million
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