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The gross profit method of determining ending inventory cost Group of answer choices can be used without taking a physical count of merchandise. requires that

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The gross profit method of determining ending inventory cost Group of answer choices can be used without taking a physical count of merchandise. requires that a firm keep inventory and purchases data at retail value as well as at cost teguires that the inventory be classified into groups of items of about the same rate of mark on provides accurate information about the number of units in inventory

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