need correct answer no explanation

in case of inflation, which inventory valuation method shall be followed by the company if it wants to reduce its tax liability lifo fifo specific identification weighted average 2 a disclosure in the financial statements stating that preferred dividends are two years in arrears means that the preferred stock is: O convertible O cumulative O callable O none a third party and lender is included in which type of lease option O operating lease O direct leasing arrangement sale & lease back O leveraged lease