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24. The use of the gross profit method assumes a the amount of gross prot is the same as in prior years. [1. sales and

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24. The use of the gross profit method assumes a the amount of gross prot is the same as in prior years. [1. sales and cost of goods sold have not changed from previous years. c. inventory values have not increased from previous years. d. the relationship between selling price and cost of goods sold is similarto prior years

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