Problem
Walk me through how a change in inventory accounting (FIFO to LIFO) impacts the three financial statements during a period of rising raw material costs.
Practicing as: Financial Analyst interview at SpacexHi, I'll play your Spacex interviewer for the Financial Analyst role. Candidates describe these interviews as mixed and hard, so expect me to be structured and detail-hungry. Take your time with the question above and answer like we're in the room.
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