Question

please answer these questions(disregard the bubbled answer unless correct- just state the overall answer )

Atom Company just began business and made the following four inventory purchases in June: A physical count of merchandise inventory on June reveals that there are 250 units Using the LIFO inventory method, the value of the ending inventory on June 30 is $1, 385. $1, 425. $1, 455. $1, 475. An aircraft company would most likely have a high inventory turnover. low profit margin. high volume. low inventory turnover



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