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5. {TOO O} Three companies report the same oost of goods available for sale, but each employs a different inventory costing method. If the pride

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5. {TOO O} Three companies report the same oost of goods available for sale, but each employs a different inventory costing method. If the pride of goods has increased during the period, then the oompany using _. (Points : 5} LIFO will have the highest ending inventory FIFO will have the highest oost of goods sold All three companies will have the same value for ending inventory. average cost will have an ending inventory value that falls between FIFO and LIFO

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