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When inventory costs are increasing, the LIFO costing method will yield a Net Income that is: O higher than Net Income under the FIFO method. O lower than Net Income under the FIFO method. O None of these statements are true. O equal to the Net Income under the FIFO method. 1 pts D Question 17 1 pts Company A has consigned its inventory to Company B and as a result Company B is displaying the inventory in their retail location. Which Company will include the goods in their Inventory account balance? O Company B O Company A O Both Company A and Company B Neither Company A nor Company B

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Answer:

company a

Step-by-step explanation:

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