C) Inventoryption Dy Marketing de A) LIFO will net income and a higher inventory valuation dan will FIFO. Bi LIFO will in higher mat income and lower inventory valuation wil Version 1 ACC 514 - Financial Accounting and Analysis LO 47) Which of the following stents destacately describe the effects of a A) The 2001 By The 2022 of god is effectively decreased if the very C) The 3021 dingy Do The 2022 gaffected if the inventory wild during 202 4) At the end of 2022,35,000 was discovered to the 2022 reflected by What were the effe of the 55,000 inven $5,000 A) Awed by 15,000 and wasted by 1 C) Cost of goods sold was understated by 15,000 and tax wa Dy Cost of gold was endated by $5,000 and pictas come was e 4 Corporation has provided the following into a ne 1/1 9/10 During the yea, RJ,000 ACC 514 - Financial Accounting and Analysis 5) La Indies wild merchand with an invece price of $100 Calvary Comp Calvary within 10 days if the company as the perpetuality system a