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When comparing inventory amounts between two companies, does the choice of inventory method matter? Why or...

When comparing inventory amounts between two companies, does the choice of inventory method matter? Why or why not? Explain!

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When comparing inventory amounts between two companies, the choice of inventory method matters because the ending inventory valuation and cost of goods sold valuation differs based on the method of inventory valuation as a result the gross profit and the other values related to the gross profit changes.

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