Question: answer all three parts they are all one question ! thank u!!! 1. In a new post, use the Reply button at the bottom of
1. In a new post, use the Reply button at the bottom of this page to respond to the three questions below: Discussion Question 1: From a users perspective, how does gross profit, operating income and net income differ? Is one more important than another. Discussion Question 2: In determining cost of merchandise sold and the cost of ending inventory, how does FIFO method differ from the LIFO method? Discussion Question 3: How is the accounting of inventory influenced by the periodic inventory system versus the perpetual inventory system
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