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A major advantage of the retail inventory method is that it provides a method for inventory control and facilitates determination of the periodic inventory for

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A major advantage of the retail inventory method is that it provides a method for inventory control and facilitates determination of the periodic inventory for certain types of companies. hides costs from competitors and customers. gives a more accurate statement of inventory costs than other methods. O provides reliable results in cases where the distribution of items in the inventory is different from that of items sold during the period

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