Use Walmart, Inc.'s most recent financial statements to answer the following three questions. 8. Which inventory cost flow assumption does Walmart use to value its inventories in the U.S. segment? a. LIFO b. FIFO c. Weighted Average Cost d. Specific Identification 9. What is the most likely reason that Walmart chose this inventory cost flow assumption? a. To report higher Net Income on its Income Statement. b. To report higher Total Assets on its Balance Sheet. C. To pay less taxes. d. Both a and b are true. 10. Which of the following statements about Walmart is TRUE? a. Fiscal year 2020 Gross Profit > Fiscal year 2019 Gross Profit. b. Fiscal year 2020 COGS