Company net income

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Reference no: EM131833721

You have learned in your accounting class that there are several acceptable inventory methods. You decide to try each method and notice that depending on which inventory method you use, the company's net income will be different. Bonuses are going to be awarded soon and your bonus is based on the company's net income. You decide to use the inventory method that creates the largest net income. Is this acceptable, why or why not?

Reference no: EM131833721

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