BUS 591 Week 3 DQ 2 Inventory Valuation Methods (Ash)

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BUS 591 Week 3 DQ 2 Inventory Valuation Methods
(Ash) Inventory Valuation Methods. Identify the
differences between F.I.F.O., L.I.F.O., and the
average-cost method of inventory valuation. Be
sure to include the effects of each method on
cost of goods sold and net income in your answer.
Also discuss the differences between the physical
movement of goods and cost flow assumptions. Your
answer should illustrate understanding of the
three major inventory valuation methods, and the
relationship between physical inventory flow and
cost flow assumptions. Respond to at least two of
your classmates posts.  Check this A tutorial
guideline at http//www.assignmentcloud.com/BUS-59
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