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retail incentoey method FIFO AND LIFO computations. b. Determine the inventory value using the retail inventory method and the LfFo cost flow assumption. Round the

retail incentoey method FIFO AND LIFO
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computations. b. Determine the inventory value using the retail inventory method and the LfFo cost flow assumption. Round the cost-to-retail ratio to two decimal places in the sch and the rounded second ratio in the ending inventory conputation

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