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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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