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Portman Inc

Question 144

Multiple Choice

Portman Inc. uses the conventional retail inventory method. Expressed in millions of dollars, information about Portman's 2018 inventory account is expressed in the table below: Portman Inc. uses the conventional retail inventory method. Expressed in millions of dollars, information about Portman's 2018 inventory account is expressed in the table below: What is the value of Portman's inventory at 12/31/2018? A) $150 million. B) $252 million. C) $300 million. D) None of these answer choices are correct. What is the value of Portman's inventory at 12/31/2018?


A) $150 million.
B) $252 million.
C) $300 million.
D) None of these answer choices are correct.

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