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1 3 . Which inventory valuation method assumes that the first goods purchased are the first to be sold? A ) FIFO ( First -
Which inventory valuation method assumes that the first goods purchased are the first to be sold?
A FIFO FirstIn FirstOut
B LIFO LastIn FirstOut
C Weighted Average Cost
D Specific Identification
Which financial ratio measures a company's ability to pay shortterm obligations?
A DebttoEquity Ratio
B Current Ratio
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