Question: Analyzing an Inventory Note Disclosure The inventory note from Deere & Company's recent 1 0 - K follows. If all inventories had been valued on

Analyzing an Inventory Note Disclosure
The inventory note from Deere & Company's recent 10-K follows. If all inventories had been valued on a FIFO basis, estimated inventories by major classification, in millions of dollars would have been as follows:
\table[[$ millions,Current Year,Prior Year],[Raw materials and supplies,$2,233,$1,688
Analyzing an Inventory Note Disclosure The

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