complete both parts

In the future value of an ordinary annuity, the last cash payment will not earn any interest True or False Which of the following statements is/are true? Multiple Choice O in a period of rising costs and stable inventory levels, using the FIFO method leads to a higher taxable income and higher net income compared to the UFO method. In a period of rising costs and stable inventory levels, using the LIFO method leads to a lower taxable income and higher net income compared to the FIFO method O All of the other answer choices are true In a period of falling costs and stable inventory levels, cost of goods sold is the same under LFO and Pro