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Suppose this information (in millions) is available for the Automotive and Other Operations Divisions of General Motors Corporation for a recent year. General Motors uses
Suppose this information (in millions) is available for the Automotive and Other Operations Divisions of General Motors Corporation for a recent year. General Motors uses the LIFO inventory method. Beginning inventory $13,921 Ending inventory 14,939 LIFO reserve Current assets Current liabilities Cost of goods sold Sales revenue 1,423, 60,135 70,308 166,259 178,199
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