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LIFO and FIFO 经典题目。大家来看看!

个人觉得这道题目还算比较经典的,大家参考一下

a company uses LIFO and had a LIFO reserve of $90000 in 2002 and $85000 in 2001. The company’s marginal tax is 28% and cost of goods sold is $100000 for 2002

The adjustment to net income upon conversion to FIFO is?

The answer is 3600

解答明天会贴出来的!希望对大家有帮助

(90000-85000)*(1-28%)=3600

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