Business, 01.07.2019 23:30 emmamerida

Consider the following statements regarding company a and company b: the two companies have identical operating results but have made different accounting method choices. company b reported lower cogs than company a this year. prices rose throughout the year. both companies took a pp& e write downs in 2016. company b reversed the write down and wrote the assets back up this year. which of the two companies most likely reports under us gaap?

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