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.

2是正确的，直接查看公式就可以了。3确实是错误的。4是正确的。1也是正确的，资产负债表上应该是FIFO正确的。