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Janine is a sole proprietor owning a smali speciaity store. The business records show that the cost of the stoce's inaividual inventory items has been
Janine is a sole proprietor owning a smali speciaity store. The business records show that the cost of the stoce's inaividual inventory items has been steasif increasmig The cost of the end of the year inventory is $125,000 and the cost of the beginning of the year inventory was 5150,000 . Ianine uses the LIr method of liviviritory - valuation. Which of the following statements is true? d. Janine purchased moce inveriery duriag the year than she sold daring the same oneyear period e. None of theie choices are correct
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