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Business, 16.08.2020 01:01 CadenClough13

If cost of goods sold under FIFO was $8,000 and was $10,000 under LIFO, assuming a tax rate of 40%, how much tax savings resulted from using LIFO

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If cost of goods sold under FIFO was $8,000 and was $10,000 under LIFO, assuming a tax rate of 40%,...
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