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If the US corporate tax rate increases from the current 2 1 % to a proposed 2 8 % , all other things equal, what

If the US corporate tax rate increases from the current 21% to a proposed 28%, all other things equal, what happens to desirability among US publicly-traded companies to use FIFO for inventory costing?a. Decreasesb. Increasesc. Increases by 7 percentage pointsd. Decreases by 7 percentage points

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