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Question 31 2.5 pts Taylor Company changed its inventory cost flow assumption from FIFO to LIFO in a period of rising prices. What would be

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Question 31 2.5 pts Taylor Company changed its inventory cost flow assumption from FIFO to LIFO in a period of rising prices. What would be the effect of this change on ending inventory in the year of the change? o decreased ending inventory O increased ending inventory no change in ending inventory cannot be determined from the information given

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