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Accounting/Finance?

What are the reasons for managemet's use of LIFO in an inflationary economy?

2007-01-23 02:08:18 · 1 answers · asked by Munch_101 1 in Business & Finance ➔ Other - Business & Finance

1 answers

they pay less on taxes

2007-01-23 02:14:31 · answer #1 · answered by Miki 6 · 1⤊ 0⤋

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