Howe Corporation calculates inventory and cost of goods sold one time at the end of every accounting period. In contrast, Kelty Industries updates their inventory and cost of goods sold accounts multiple times in one day. What is the difference between Howe and Kelty? 

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The main difference between Howe Corporation and Kelty Industries lies in their inventory and cost of goods sold COGS accounting methods 1 Howe Corpor... View the full answer