PaulAlin2672 PaulAlin2672
  • 21-11-2022
  • Business
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Pernell company reported lifo reserves of $150,000 and $100,000 in year 2 and year 1, respectively. The company utilized the fifo assumption for internal purposes. Based on this information, we can conclude that pernell's pretax income for the year 2 fiscal year would have been.

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