Multiple Choice
Xu Corp.started business at the beginning of 2015.Xu selected the FIFO method for its inventory.In order to maximize its profits for 2015 under this method, prices must be
A) Increasing
B) Decreasing
C) Stable
D) Fluctuating up and down at the same amount consistently over the year
Correct Answer:
Verified
Correct Answer:
Verified
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