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If inventory increases under the retail method, which of the following is true: a. All of these are true. b. Under the LIFO retail method,

If inventory increases under the retail method, which of the following is true:

a.

All of these are true.

b.

Under the LIFO retail method, a new layer would be added.

c.

Under the Average Cost retail method, a new layer would be added.

d.

Under the Dollar Value LIFO retail method, no new layer would be added.

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