Choosing between a perpetual and a periodic inventory, Accounting Basics

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Choosing between a perpetual and a periodic inventory

Question: Choosing between a Perpetual and a Periodic Inventory System Nordstrom, Inc., started in business in 1901. It only took 100 years, but eventually the company changed from a periodic inventory system to a perpetual inventory system (in 2002). Write a brief report describing how this change is likely to improve the company's inventory control.

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Accounting Basics: Choosing between a perpetual and a periodic inventory

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