In a period of rising prices, the inventory method which tends to give the highest reported net income is:
a. base stock.
b. first-in, first-out.
c. last-in, first-out.
d. weighted-average.
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Home » Business » In a period of rising prices, the inventory method which tends to give the highest reported net income is: a. base stock. b. first-in, first-out. c. last-in, first-out. d. weighted-average.