LIFO reserves: Rhodes Company Reported year for analysis, 2001 2001 net income as reported $90,200,000 2001 inventory
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LIFO reserves: Rhodes Company Reported year for analysis, 2001 2001 net income as reported $90,200,000 2001 inventory reserve 50,000,000 2000 inventory reserve 46,000,000 2001 income taxes 55,000,000 2001 income before income taxes 145,200,000 Required Compute the approximate income if inventory had been valued at approximate current cost.
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Related Book For 
Financial Reporting And Analysis Using Financial Accounting Information
ISBN: 9780324023534
8th Edition
Authors: Charles H Gibson
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