(SOLVED) Thurston Talty a partnership had the following inventory dat


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Thurston & Talty, a partnership, had the following inventory data:_x0001_Thurston & Talty need to know the company’s gross profit percentage and rate of inventory turnover for 2010 under1. FIFO2. LIFOWhich method makes the business look better on?3. Gross profit percentage? 4. Inventoryturnover?

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