Case 2: If the price of goods on hand at the end of the financial year to the current period of low
-a profit and loss statement shows the highest cost of goods sold. Gross margin and net income lower to -balance sheet. Displays the inventory price low to low asset total to .
Case 2 If equity prices low. fiscal year - the income statement shows the cost of sales, gross profit and net income to low. - balance sheet shows inventory low. Low to total assets
The case 2 if prices remain at the end of the period, low current year - installment account statements show selling high cost, profit and net profit is low. - balance sheet, show low to total asset prices remain low .