Question: The FIFO method seems more logical than the LIFO method, because it assumes the first merchandise purchased is the first merchandise sold. So, why do

The FIFO method seems more logical than the LIFO method, because it assumes the first merchandise purchased is the first merchandise sold. So, why do many more retailers use LIFO?

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The FIFO method seems more logical than the LIFO method because it assumes the first merchandise purchased is the first merchandise sold. So, why do more retailers use LIFO?

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