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AnsgarPharm is an American drug wholesale company. The company uses the LIFO inventory method for external reporting but maintains its internal records using FIFO. The
AnsgarPharm is an American drug wholesale company. The company uses the LIFO inventory method for external reporting but maintains its internal records using FIFO. The following information was included in a recent annual report:
Inventories are comprised of the following $ in millions:
tableSeptember September tableInventories under FIFLess: LIF reservetable$
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