During an extended period of constant prices, which cost flow assumption would generally measure the largest earnings per share?

Question

Quizplus · Accepted Answer

During an extended period of constant prices, all cost flow assumptions (FIFO, LIFO, and Weighted Average) would result in the same cost of goods sold, and thus, equal earnings per share, because the cost of inventory would be the same regardless of the method used.

During an Extended Period of Constant Prices, Which Cost Flow