Question: When inventory costs rise, which is correct?: Question 1 2 options: a . LIFO methods yields lower net income. b . LIFO methods yields higher
When inventory costs rise, which is correct?:
Question options:
a LIFO methods yields lower net income.
b LIFO methods yields higher net income.
c FIFO method yields lower net income.
d FIFO yields higher net income.
e Average costs yield higher net income.
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