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What is the best way to value inventory

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Reference no: EM133162917

Question - What is the best way to value inventory? Is it really an important consideration?

Which of the four major cost flow assumptions make the most sense for valuing inventory? Why? Consider what FASB might advise about one of the various methods. If you know of or are able to find best practices that might help make this topic clearer, please include that.

Reference no: EM133162917

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