a 1. Between LIFO and FIFO, which inventory valuation method gives a better match of revenues with expenses? Why? 2. Explain how Firm A should account for an investment in Firm Bs common stock on the income statement if i. Firm A owns 1% of Firm Bs common stock and does not exercise significant control over Firm B? ii. Firm A owns 40% of Firm Bs common stock and exercises significant control over Firm B? iii. Firm A owns 90% of Firm Bs common stock and exercises significant control over Firm B