ONLY PART C PLEASE!! Problem 5-1 The following information pertains to BBA Company for...
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ONLY PART C PLEASE!!
Problem 5-1 The following information pertains to BBA Company for 2018. Beginning Inventory Units Purchased 1000 units $21 3000 units @ $12 Ending inventory consisted of All purchases and sales were made with cash 200 units. BBA sold 3,800 units at 40 per unit REQUIRED Compute the gross margin for BBA Company using the following cost flow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. a. b. What is the dollar value of ending inventory for FIFO and LIFO? c. Determine the cash flow from operating activities, using each of the three cost flow assumptions listed in Requirement a. Ignore the effect of income taxes. Explain why these cash flows have no differences
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ONLY PART C PLEASE!!