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It's Apex, Inc. again and the management is still concerned that this year's profits will exceed projections, but will decrease dramatically over the next several

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It's Apex, Inc. again and the management is still concerned that this year's profits will exceed projections, but will decrease dramatically over the next several quarters. Apex uses LIFO to value its entire inventory, and has no desire to switch from LIFO to an alternative method. Assume that this is a normal economic environment with only a moderate level of inflation Focus on the topic of inventory management and describe one example (legit or otherwise) of how the firm can meet its projected expectations in both (a) the current year and (b) future periods. Be sure to indicate how both desired effects (a & b) will be accomplished by your example. Please label your answers

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