以下有几个选项错误:

1.For purposes of inventory analysis, FIFO is preferred than LIFO

2.FIFO cost of good sold=LIFO cost of good sold –change in LIFO reserve

3.In period of declining prices, LIFO debt-to-equity ratios are higher than FIFO.

4.If LIFO cost of good sold is overstated by $2000, ending inventory will be understated by $2000.

第四个也是错的呀！如果COGS被高估，那么beginning inventory, purchase, ending inventory都有可能影响到COGS的高估吧！

同意~~

楼上的,这样不好吧,应该是其他项不变,要不这类题都无解了.