Question: GU MARKS) i.) Differentiate between leverage and gearing. (2 Marks) it.) Explain how each of the following inventory evaluation methods affect cost of goods sold

GU MARKS) i.) Differentiate between leverage and gearing. (2 Marks) it.) Explain how each of the following inventory evaluation methods affect cost of goods sold Last in First Out (LIFO) (2 Marks) First in First Out (FIFO) (2 Marks) Weighted Average Cost Method (2 Marks)

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