corporation is beginning operations in 2025 is which inventory method the company should use to calculate and end in which of the following statements correctly describes the impact of choosing the last in first out method over the first FIFO method during a period of rising prices ?

A. lifo will result in higher net income compared to Fifo

B.LIFO will result in a higher ending inventory values compared to FIFO

C. lifo will result in lower cost of good compared to FIFO

D. LIFO will result in higher cost of goods compared to FIFO