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if prices are rising, the use of FIFO casues the following: -increase income and inventory -decrease income and inventory -increase income and decrease inventory -decrease
if prices are rising, the use of FIFO casues the following:
-increase income and inventory
-decrease income and inventory
-increase income and decrease inventory
-decrease income and increase inventory
if prices are rising, the use of LIFO casues the following:
-increase income and inventory
-decrease income and inventory
-increase income and decrease inventory
-decrease income and increase inventory
what happens if prices are decreasing?
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Blood Audit
Authors: Edward S Blythe
1st Edition
1480180394, 978-1480180390
