nadoori2021 nadoori2021
  • 19-02-2024
  • Business
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You are the manager of a successful retail operation. Inflation has been running at 3% per year on the cost of inventory. Which inventory cost flow assumption would you use to maximize Net Income? FIFO, LIFO, or Average Cost? Justify your answer. (Post your initial response by Thursday and comment on at least 2 other student's responses by Sunday).

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