CI6.8. A finn thatusesUFO accounting for inventory in timesof risinginventory costs will always report lower profit margins

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CI6.8. A finn thatusesUFO accounting for inventory in timesof risinginventory costs will always report lower profit margins than if it usedFIFO. Is this correct?

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Financial Statement Analysis And Security Valuation

ISBN: 9780071267809

4th International Edition

Authors: Penman-Stephen-H, Steven Penman

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