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Let's imagine that you are opening up a merchandising company. In your discussion, let us know what type of merchandising company would you open, i.e.

Let's imagine that you are opening up a merchandising company. In your discussion, let us know what type of merchandising company would you open, i.e. what type of products would you sell. Then let us know which Costing Method (specific identification, FIFO, or LIFO) and Inventory System (perpetual or periodic) would you use for your company and why?

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