A significant advantage to the retail method of accounting is the ability to prepare a profit-and-loss statement on the basis of book inventory figures.

Name: A significant advantage to the retail method of accounting is the ability to prepare a profit-and-loss statement on the basis of book inventory figures.
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The Answer of A significant advantage to the retail method of accounting is the ability to prepare a profit-and-loss statement on the basis of book inventory figures.

A Significant Advantage to the Retail Method of Accounting Is