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a Discussion Question 1: From a users perspective, hovv does gross profit, operating income and net income differ? Is one more important than another. a
a Discussion Question 1: From a users perspective, hovv does gross profit, operating income and net income differ? Is one more important than another. a Discussion Question 2: In determining cost of merchandise sold and the cost of ending inventory, how does FIFO method differ from the LIFO method? 0 Discussion Question 3: How is the accounting of inventory influenced by the periodic inventory system versus the perpetual inventory system
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