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How does LIFO affect a company's cash flow during periods of rising prices? A . It increases cash flow B . It decreases cash flow
How does LIFO affect a company's cash flow during periods of rising prices?
A It increases cash flow
B It decreases cash flow
C It has no effect on cash flow
D It makes cash flow fluctuate unpredictably
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
8th Edition
0357714636, 9780357714638
