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In a rather simplified manner, thank you In about 200 words, answer one or all of the following questions by Wednesday night: 1. What if

In a rather simplified manner, thank you

In about 200 words, answer one or all of the following questions by Wednesday night: 1. What if any difference is there between a wholesale and retail business in terms of accounting? 2. Is it legal for businesses to use FIFO for some inventory items and LIFO for others? 3. Is it legal for businesses to switch from FIFO to LIFO or LIFO to FIFO

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