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Sales Revenue 1,600 1,600 1,600 Cost of Goods Sold FIFO LIFO Weighted-average S Requirement 4. Which method maximizes net income? Which method minimizes income taxes?

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Sales Revenue 1,600 1,600 1,600 Cost of Goods Sold FIFO LIFO Weighted-average S Requirement 4. Which method maximizes net income? Which method minimizes income taxes? The Gross profit 764 752 760 836 848 840 | method maximizes net income. The 1 method minimizes income taxes

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