Business, 01.07.2019 20:30 josephvcarter

Eneri company's inventory records show the following data: eneri inventory purchases inventory purchases units cost/unit january 1 10,000 $9.20 june 18 9,000 $8.00 november 8 6,000 $7.00 a physical inventory on december 31 shows 4,000 units on hand. eneri sells the units for $13 each. the company has an effective tax rate of 20%. eneri uses the periodic inventory method. what is the difference in taxes if lifo rather than fifo is used?

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