chloeroebuck2021
chloeroebuck2021 chloeroebuck2021
  • 06-03-2022
  • Business
contestada

Which inventory method results in the highest net income during periods of rising prices?

a. LIFO
b. Weighted average
c. FIFO
d. Specific identification

Respuesta :

lawrencemma2165
lawrencemma2165 lawrencemma2165
  • 06-03-2022
The answer is c. FIFO
Answer Link

Otras preguntas

Carmen listed the multiples of 6 as 1,2,3, and 6. Is she correct? Explain why or why not.
Explain why volcanoes are common in the Ring of Fire.
twelve is sixteen less than four times a number
What responsibility did the alliance systems play in the outbreak of the war
How to solve this problem .         0.3 [1.57 – (0.6)²]
What responsibility did the alliance systems play in the outbreak of the war
Carmen listed the multiples of 6 as 1,2,3, and 6. Is she correct? Explain why or why not.
Jack, Jill, and Ron share a 2-bedroom apartment. Rent is represented by R. The water bill is $20 per person. The electric bill is $250 a month. Jill will be pic
Latex paint sells for $22 per gallon and will cost you $154 to paint your room. If each gallon will cover 340 square feet, how many square feet of wall space do
what is: A student is raising money for cancer research. A local business agrees to donate an additional 25% of what the student raises, while a local politicia