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B. J. Ortiz Wholesale Corp. uses the LIFO method of inventory costing. In the current year, profi t at B. J. Ortiz is running unusually
B. J. Ortiz Wholesale Corp. uses the LIFO method of inventory costing. In the current year, profi t at B. J. Ortiz is running unusually high. The corporate tax rate is also high this year, but it is scheduled to decline significantly next year. In an effort to lower the current year
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