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38. When inventory costs are falling, and inventory levels are stable, the LIFO method will generally result in . A) a higher gross prot than

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38. When inventory costs are falling, and inventory levels are stable, the LIFO method will generally result in . A) a higher gross prot than under FIFO B) a lower gross prot than under FIFO C) a lower inventory value than under FIFO D) a higher cost of goods sold than under FIFO

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