Company C is identical to Company D in every respect except that Company C uses LIFO and Company D uses average costs. In an extended period of rising inventory costs, Company C's gross profit and inventory turnover ratio, compared to Company D's, would be: 
Definitions:
Business Negotiations
The process by which parties come to an agreement on business matters, involving discussion and compromise to achieve a decision that is acceptable to all involved.
Germany
A country in Central Europe, known for its rich history, culture, and contributions to art, science, and economy.
Italy
A country located in southern Europe, known for its rich history, art, architecture, fashion, and cuisine.
Intrapersonal Goal Conflict
Intrapersonal goal conflict occurs when an individual faces opposing desires or objectives within themselves, leading to difficulty in decision-making or action.
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