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Assuming some inflation in the economy, which firm will have higher quality earnings? a. LIFO Inventory Accounting and Straight Line Depreciation b. FIFO Inventory Accounting

  1. Assuming some inflation in the economy, which firm will have higher quality earnings?

a.

LIFO Inventory Accounting and Straight Line Depreciation

b.

FIFO Inventory Accounting and Straight Line Depreciation

c.

LIFO Inventory Accounting and Double Declining Balance Depreciation

d.

FIFO Inventory Accounting and Double Declining Balance Depreciation

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