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    tonyasman06's Avatar
    tonyasman06 Posts: 1, Reputation: 1
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    #1

    Mar 15, 2011, 04:53 PM
    The primary purpose of an inventory flow assumption is to
    The primary purpose of an inventory flow assumption is to:
    A) Increase gross profit.
    B) Determine which unit costs are assigned to inventory, and which are assigned to the cost of goods sold.
    C) Minimize taxable income during periods of rising prices.
    D) Increase inventory turnover.
    kcomissiong's Avatar
    kcomissiong Posts: 1,166, Reputation: 276
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    #2

    Mar 21, 2011, 11:36 AM
    Please see rules concerning homework help HERE.

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