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The main purpose of the retail method of inventory valuation is to: a) Determine the amount of shortage that has occured b) Maintain a perpetual

The main purpose of the retail method of inventory valuation is to:
a) Determine the amount of shortage that has occured
b) Maintain a perpetual inventory
c) Determine the approximate cost value of the closing inventory
d) Show the price changes that have occured image text in transcribed
The main purpose of the retail method of inventory valuation is to: Determine the amount of shortage that has occurred Maintain a perpetual inventory Determine the approximate cost value of the closing inventory Show the price changes that have occurred

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