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How does Walmart handle the requirement to report inventory at lower-of-cost-or-market? Does Walmart have a large LIFO reserve? If not, why Walmart receives discounts from
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How does Walmart handle the requirement to report inventory at lower-of-cost-or-market?
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Does Walmart have a large LIFO reserve? If not, why
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Walmart receives discounts from suppliers because it purchases large volumes of merchandise. Is this reported as other income or accounted for in another way?
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