试题与答案

Given the following inventory information

题型:单项选择题

题目:

Given the following inventory information about the Buckner Company: Year-end LIFO inventory of $ 6500. Year-end LIFO reserve of $ 2500. The current year’ s LIFO cost of goods sold is $15000. After tax income is $1600. The previous year’s LIFO reserve was $ 2000. What is the firm’ s after tax net income on a FIFO basis if the firm’ s tax rate is 40 percent

A.

A. $ 2100.

B.

B. $1300.

C.

C. $1900.

答案:

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参考答案:A,B,C

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