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The inventory footnote from the dow chemical company's first quarter 2 0 1 9 sec report follows. The company also reports cost of goods sold
The inventory footnote from the dow chemical company's first quarter sec report follows. The company also reports cost of goods sold for q of of million. A What inventory costing method does dow chemical use? As of q of what is the effect on cumilative pretax income and cash flow of using this inventory costing method, assuming a average cumulative tax rate. B Compute inventory turnover and average days inventory outstandinf for q of C Determine the fifo values for inventories and cost of goods sold for q of
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