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Use the attached Balance Sheet to complete the questions. Pleaseshow all work.1. Which cost flow assumption(s) does Rite Aid use to value itsinventory?2. Suppose Rite

Use the attached Balance Sheet to complete the questions. Pleaseshow all work.1. Which cost flow assumption(s) does Rite Aid use to value itsinventory?2. Suppose Rite Aid had used FIFO as a cost f 0 answers

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