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The company conducted a physical measurement of ending inventory on December 31st and found that there were still 5,000 units on hand. Using the FIFO

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The company conducted a physical measurement of ending inventory on December 31st and found that there were still 5,000 units on hand. Using the FIFO method of inventory valuation, the value of MNO's ending inventory on December 31, 2023 was: A) $12,000 B) $21,000 C) $28,000 D) $29,000 E) None of the above. 10. Which of the following is a true statement: (A) Earnings per share are reported on the balance sheet only for publicly held corporations. (B) Unrealized holding gains on trading investments in another company's common stock are reported in the investor's income statement. (C) All short-term marketable securities are examples of cash equivalents. (D) All of the above are true. (E) None of the above is true

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