Question: Investors generally prefer weighted - average because it reports amounts between LIFO and FIFO FIFO because it results in the highest reported net income LIFO

Investors generally prefer
weighted-average because it reports amounts between LIFO and FIFO
FIFO because it results in the highest reported net income
LIFO because it results in the lowest tax expense
Investors generally prefer weighted-average because it reports amounts between LIFO and

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