Question: Compare your answers in parts b and c. BP cant use LIFO to report...
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Question: Compare your answers in parts b and c BP cant use LIFO to report under IFRS, so revise your calculations in such a way as to find out which company has faster inventory turnover. Hint: Calculate Exxon Mobil's inventory turnover ratio as if Exxon Mobil used the FIFO costing method.Round your answer to one decimal place. Part B: Part C: Help me with question D outlined above and with the informaiton provided in the screenshot.
Question: Compare your answers in parts b and c BP cant use LIFO to report under IFRS, so revise your calculations in such a way as to find out which company has faster inventory turnover. Hint: Calculate Exxon Mobil's inventory turnover ratio as if Exxon Mobil used the FIFO costing method.Round your answer to one decimal place.
Part B:
Part C:
Help me with question D outlined above and with the informaiton provided in the screenshot.
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