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Nevis Corporation operates in an where costs are falling. The company is considering changing its inventory method from FIFO to LIFO and wants to determine

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Nevis Corporation operates in an where costs are falling. The company is considering changing its inventory method from FIFO to LIFO and wants to determine the impact that the change would have on selected accounting ratios in future year. What impact would you expect on the following ratios? (Select "No Change" if the ratio is not affected.)

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