Computers and Technology, 28.01.2020 02:31 coolman5999alt

Company rarely had to write down inventory. in the past, when inventory write-downs were necessary, the company debited cost of goods sold. recently, write-downs have become more common and smart is concerned about the distortion of its gross profit percentage. what alternative is available under gaap?

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Company rarely had to write down inventory. in the past, when inventory write-downs were necessary,...