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health care accounting 2.1

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  Review the last-in, first-out (LIFO) and first-in, first-out (FIFO) inventory methods discussed in Ch. 6, “Reporting and Analyzing Inventory” of Accounting.  Respond to the following in a minimum of 175 words: Explain LIFO and FIFO inventory methods. Provide 1 example of a business that uses LIFO and 1 example of a business that uses FIFO. Explain why the businesses you identified might use a […]

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