leah4275 leah4275

11-01-2018
Business

contestada

The income tax saved by using lifo instead of fifo is equal to the ________ times the income tax rate.
a. cost of the beginning inventory
b. lifo reserve
c. cost of the ending inventory
d. retail price of the ending inventory

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ELduroPR ELduroPR

11-01-2018

c. cost of the ending inventory

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