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The distortion of the Current ratio caused by using LIFO inventory costing may be adjusted by subtracting the LIFO reserve from current assets. Select one:
The distortion of the Current ratio caused by using LIFO inventory costing may be adjusted by subtracting the LIFO reserve from current assets.
Select one:
True False
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Advanced Finance
Authors: Michael Fardon
1st Edition
1872962319, 1872962173, 978-1872962313, 978-1872962177
