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1. Given all of the GAAP approved methods for inventory valuation, why would a business ever want to estimate their inventory? 2. Is it better

1. Given all of the GAAP approved methods for inventory valuation, why would a business ever want to estimate their inventory?

2. Is it better to expense or capitalize a cost?

3. Which depreciation method do you think is the most fair and balanced?

4. Why aren't all intangible assets amortized?

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