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If two companies report the same cost of goods available for sale, but each employs a different inventory costing method, the company using FIFO will

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If two companies report the same cost of goods available for sale, but each employs a different inventory costing method, the company using FIFO will have the highest ending inventory if during the period. tax rates change the costs of goods purchasect decrease the costs of goods purchased increase costs of goods stay constant

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