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If companies have identical inventoriable costs and no beginning inventory, but use different inventory flow assumptions when the cost of goods have not been constant,
If companies have identical inventoriable costs and no beginning inventory, but use different inventory flow assumptions when the cost of goods have not been constant, then the
cost of goods sold of the companies will be identical.
cost of goods available for sale of the companies will be identical.
net income of the companies will be identical.
ending inventory of the companies will be identical.
please help me answer this multiple choice question in 5 min
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