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  2. Explain the four merchandise inventory methods and provide an example for each. How are financial statements affected by using the four different methods?

Explain the four merchandise inventory methods and provide an example for each. How are financial statements affected by using the four different methods?

Merchandise Inventory Methods
Write: Make sure your response addressing the following questions is more than 200 words and that you include an in-text citation or a brief quote from the reading material where appropriate.
• Explain the four merchandise inventory methods and provide an example for each.
• How are financial statements affected by using the four different methods?

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