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In periods of rising prices, the inventory method which resuits in the inventory value on the balance sheet that is closest to current cost is

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In periods of rising prices, the inventory method which resuits in the inventory value on the balance sheet that is closest to current cost is the i.14-8 ir wiluled Johnson Company's financial information is presented below: Sales Returns and Allowances 40,000 Cost of Goods Sold 540,000 Net Sales 900,000 Sales Revenue $ ? Gross Profit ? The missing amounts above are (First one for Sales revenue and second one for Gross profit) Sectiniriz cevab a isaretienoighigrene kadat bekieyiniz

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