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Business, 03.04.2020 17:01 lil8174

The manager of Splish is given a bonus based on net income before taxes. The net income after taxes is $72820 for FIFO and $61200 for LIFO. The tax rate is 30%. The bonus rate is 20%. How much higher is the manager's bonus if FIFO is adopted instead of LIFO?

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The manager of Splish is given a bonus based on net income before taxes. The net income after taxes...
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