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  • 06-12-2022
  • Business
contestada

nueva company reported the following pretax data for its first year of operations. net sales 7,340 cost of goods available for sale 5,650 operating expenses 1,718 effective tax rate 20 % ending inventories: if lifo is elected 621 if fifo is elected 816 what is nueva's net income if it elects fifo?

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