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Which Statement Should a Counselor Make When Telling a Couple

question 6

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Which statement should a counselor make when telling a couple about the prenatal diagnosis of genetic disorders?

Calculate sales revenue, cost of goods sold, and gross profit using LIFO under a perpetual inventory system.
Estimate year-end inventory and determine loss from shrinkage using the retail inventory method.
Calculate sales revenue, cost of goods sold, and gross profit using weighted average inventory valuation under a perpetual inventory system.
Calculate the ending inventory using FIFO under a perpetual inventory system.

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