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New Haven Products has used LIFO inventory valuation for the life of the company. Each year, their LIFO reserve increases. What can be assumed about
New Haven Products has used LIFO inventory valuation for the life of the company. Each year, their LIFO reserve increases. What can be assumed about the prices of inventory? O Inventory prices have stayed the same each year. O Inventory prices have increased in more years than they have decreased. Inventory prices have increased each year. O Inventory prices have decreased each year
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