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Home Q & A Board Other Fields Homework Help Business Management
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adthz adthz
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6 years ago
If legally allowed, during periods of rising inventory values, a retailer using the FIFO (first-in-first-out) method could reduce its tax liability by ________.
A) switching to LIFO
B) using the cost method of retail accounting
C) maintaining a book inventory
D) calculating deductions from retail value
Textbook 
Retail Management: A Strategic Approach

Retail Management: A Strategic Approach


Edition: 12th
Authors:
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MartineMartine
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6 years ago
This helped my grade so much Perfect
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