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Which inventory method results in the highest net income during periods of falling prices? a. LIFO b. Weighted average c. FIFO d. Specific identification
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Dec 5, 2023
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Which inventory method results in the highest net income during periods of falling prices?
a. LIFO
b. Weighted average
c. FIFO
d. Specific identification
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college
Matei Florescu
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The answer is a. LIFO
Xjcl
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Dec 9, 2023
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Xjcl
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