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Business, 24.07.2020 06:01 debbieparr4536
GG Inc. uses LIFO. GG disclosed that if FIFO had been used, inventory at the end of 2021 would have been $16 million higher than the difference between LIFO and FIFO at the end of 2020. Assuming GG has a 25% income tax rate:
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GG Inc. uses LIFO. GG disclosed that if FIFO had been used, inventory at the end of 2021 would have...
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