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A firm has decided to switch from HIFO to LIfO. Ceteris paribus (all thaings being equal). what inpact will the change in accounting have on

A firm has decided to switch from HIFO to LIfO. Ceteris paribus (all thaings being equal). what inpact will the change in accounting have on the follosing variables? Asrume an intlationary environment. Hevenue will: A. increase a decrease C. not change D. cannot determine

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