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Read E8-10 then answer the questions. Also answer this additional part: e)If thetax rate is 30%, what is the effect of using LIFO-periodicinstead of FIFO-periodic

Read E8-10 then answer the questions.

Also answer this additional part:

e)If thetax rate is 30%, what is the effect of using LIFO-periodicinstead of FIFO-periodic on taxes? and Onafter-tax net income?

please do not go passed the assigned time!

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