What inventory method is used to value inventories

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Understanding Financial Statements 11th edition Chapter 2 Case 2.3 Walgreeen Co.

What inventory method is used to value inventories? Has Walgreen experienced inflation or deflation? Explain your answer.

Explain the reference in the inventory note to the LIFO liquidation and what it means with regard to net income reported.

Reference no: EM131011764

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