Question 34 In a period of declining prices, which inventory method would yield the lowest net income? Not yet answered Points out of 1.00 Flag Question Select one: O Average cost OLIFO (last-in first-out) Not enough information to tell O FIFO (first-in first-out) Question 35 Not yet Whazzup Company has a profit margin of 15.2%; Nothing Much Company has a profit margin of 12.7%. Which company's profit margin indicates greater profitability (profit margin = net incomeet sales)? answered Points out of 1.00 P Flag question Select one: O Whazzup Company O Nothing Much Company