35%, 34% Question 34 (0.2 points) During rising prices, a company using the LIFO method assumes that the sale is from the newest, highest-cost inventory. True False ( Question 35 (0.2 points) Saved The DuPont equation relates a firm's net profit margin, total asset turnover ratio, and equity multiplier to determine its return on equity. True False 1 Type here to search WERTYUIOPIEPI False Question 31 (0.2 points) The net cash provided by operating activities is another term used for net income. True False Question 32 (0.2 points) The Standard Industrial Classification (SIC) codes are four digit numbers in which the last two digits describe the type of business or industry in which the firm is engaged. True False Question 33 (0.2 points) Saved