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Gross profit will be the: O A. lowest if LIFO is used and inventory costs are increasing. O B. highest if LIFO is used and

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Gross profit will be the: O A. lowest if LIFO is used and inventory costs are increasing. O B. highest if LIFO is used and inventory costs are decreasing. Q C . highest if FIFO is used and inventory costs are increasing. UD. all of the above

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