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    Exam 11: Short-Term Operating Assets: Inventory
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    The Siempre Store Has the Following Data for Inventory
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The Siempre Store Has the Following Data for Inventory

Question 132

Question 132

Multiple Choice

The Siempre Store has the following data for inventory: The Siempre Store has the following data for inventory:   The store uses the LIFO retail method.Round all ratios to four decimal places.What is the cost of the ending inventory at March 31? A) $306,200 B) $626,200 C) $266,135 D) $350,135 The store uses the LIFO retail method.Round all ratios to four decimal places.What is the cost of the ending inventory at March 31?


A) $306,200
B) $626,200
C) $266,135
D) $350,135

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