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Business, 20.12.2019 04:31 fabiolafrancklin10

Simm co. has determined its december 31 inventory on a lifo basis to be $400,000. information pertaining to the inventory follows: estimated selling price $408,000 estimated cost of disposal 20,000 normal profit margin 60,000 current replacement cost 390,000 at december 31, what should be the amount of simm’s inventory?

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Simm co. has determined its december 31 inventory on a lifo basis to be $400,000. information pertai...
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