In periods of rising prices, the inventory method which results in the inventory yalue on the balance sheet that is closest to current cost is the Select one: a. average cost method. b. LIFO method c. tax method d. FIFO method In a period of rising prices, which of the following inventory methods generally results in the lowest net income figure? Select one: a. Average Cost Method b. LIFO method C. FIFO method d. Need more information to