Suppose Clorox had used FIFO as a cost flow assumption for all of their inventories. What would
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- Suppose Clorox had used FIFO as a cost flow assumption for all of their inventories. What would the book value of Inventories be on June 30, 2020
- What is the amount of inventory purchases in fiscal year 2020
- Estimate cash collected from customers in fiscal year 2020 (Assume that sales are net of bad debt expense)
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