First and Second box for #7 is either FIFO or LIFO. The third box is either opposite or same.

First and Second box for #8 is either FIFO or LIFO. The third box is either less than, greater than, or equal to.

value: 5.00 points P7-5 Part 2 2. Complete the following sentences: When prices are When prices are net come than ect results References Worksheet P7-5 Part 2 Check my work value: 5.00 points P7-5 Part 3 3. Complete the following sentence: The relative effects on the cash position for each situation. When prices are (th derives a more favorable cash position difference in income