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The accountant at bonita company has determined that income before income taxes amounted to $6500 using the FIFO costing assumption. if the income tax rate
The accountant at bonita company has determined that income before income taxes amounted to $6500 using the FIFO costing assumption. if the income tax rate is 25% and the amount of income taxes paid would be $335 greater if the LIFO assumption were used, what would be the amount of income before taxes under the LIFO assumption?
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
15th edition
978-0133125634, 9780133423815, 133125637, 133423816, 978-0133125689
