the following terms a through j with the appropriate definition. An owner of goods who ships them to another party ho will then sell the goods for the owner 1. A One who receives and holds goods owned by another Gross profit for purposes of selling the goods for the owner Consignor B. Canbu10 The required method of reporting inventory at market Consistency method C. Can buy a beawhen market is lower than cost D4. The number of times a company's average inventory Days' sales in is sold during an accounting period 5. A procedure for estimating inventory where the past inventory The operad gross profit rate is used to estimate the cost of goods Begins w sold, which is then subtracted from the cost of goods nds with available for sale to determine the estimated ending an vary ometime inventory ll of the The 6. The accounting principle that a company use the same accounting methods period after period so that the financial statements of succeeding periods will be comparable 7. A method for estimating inventory based on the ratio of the amount of goods for sale at cost to the amount of Consignee_ Specific method Inventory identification he s also c the s alo goods for sale at retail prices turnover s also d The s ame hould 9. An estimate of days needed to convert the inventory 8. The principle that aims to select the less optimistic estimate when two or more estimates are about equally Lower of cost or market Retail available at the end of the period into receivables or cash inventory method 10. The method of assigning costs to inventory where and used to determine the cost of inventory the purchase cost of each item in inventory is identified Conservatism principle co 41% $83 264 he