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All else equal, in an environment of rising prices for inventory, which of the following is true? O A. A company will show higher income

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All else equal, in an environment of rising prices for inventory, which of the following is true? O A. A company will show higher income tax expense under LIFO B. A company will show higher cash inflow from operating activities under FIFO OC. A company will show a higher return on sales under FIFO D. A company will show a higher shareholders' equity under LIFO

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