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How will two permanent bar magnets react if they are brought close to each other?
Cost
The amount of money or resources expended in order to acquire an asset or carry out a specific activity.
Market
A public place or an institution where goods, securities, commodities, or services are traded.
LIFO Method
An inventory valuation method called "Last In, First Out" where the most recently produced items are recorded as sold first.
Ending Inventory
The aggregate worth of merchandise available for purchase at the closing of an accounting cycle.
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