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How does the inventory accounting choice (LIFO/FIFO) impact a firm's valuation? Deferring tax payments via LIFO accounting, decreases the the firm's value The timing of
How does the inventory accounting choice (LIFO/FIFO) impact a firm's valuation? Deferring tax payments via LIFO accounting, decreases the the firm's value The timing of cash flows are the same under both LIFO and FIFO Has no impact on NOPAT All of the above By changing the timing of cash flows, the firm's valuation is impacted
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