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If all else holds constant in periods of rising prices and inventory levels: A. FIFO firms have higher debt to equity ratios than LIFO firms
If all else holds constant in periods of rising prices and inventory levels:
A. FIFO firms have higher debt to equity ratios than LIFO firms do.
B. FIFO firms will have greater stockholders' equity than LIFO firms do.
C. LIFO firms have higher gross profit margins than FIFO firms do.
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