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Required Comment on the usual influence from a sswithch to LIFO from FIFO on the following variables during an inflationary period a. revenue b. gross

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Comment on the usual influence from a sswithch to LIFO from FIFO on the following variables during an inflationary period

a. revenue

b. gross profit

c. cost of goods sold

d. profit

e. income taxes

f. cash flow

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