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Complete the following table, which compares the effects of LIFO, FIFO, and weighted-average inventory costing methods on the financial statements in periods of rising inventory
Complete the following table, which compares the effects of LIFO, FIFO, and weighted-average inventory costing methods on the financial statements in periods of rising inventory costs. The answer should be lowest, highest, or middle. Financial Statement Element: LIFO FIFO Weighted-Average Cost of Goods Sold Net Income Ending Merchandise Inventory
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