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1. Differentiate between FIFO and LIFO accounting by explaining how the choice of FIFO versus LIFO can affect a firm’s balance sheet and income statement.

2. Why is it not enough for an analyst to look at just the short-term and long-term debt on a firm’s balance sheet when assessing the firm’s fixed obligations?

3. Give two examples of capital budgeting decisions and financing decisions.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92784017

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