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Business, 22.04.2020 23:39 itsyagirlgona21
The manager of Splish is given a bonus based on net income before taxes. The net income after taxes is $72820 for FIFO and $61200 for LIFO. The tax rate is 30%. The bonus rate is 20%. How much higher is the manager's bonus if FIFO is adopted instead of LIFO?
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The manager of Splish is given a bonus based on net income before taxes. The net income after taxes...
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