cost of goods sold.48000 income before income taxes.10000 income taxes expense(and payments).3500 net income.

Published by admin at September 6, 2023

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cost of goods sold………………48000income before income taxes……….10000income taxes expense(and payments)…3500net income………………………6500net cash provided by operating activities……..7200at LIFO cost would have been $51200.The company’s income tax amounts to 35% of income before taxes.explain LIFO effect on it

cost of goods sold.48000 income before income taxes.10000 income taxes expense(and payments).3500 net income.

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