nueva company reported the following pretax data for its first year of operations. net sales 7,340 cost of goods available for sale 5,650 operating expenses 1,718 effective tax rate 20 % ending inventories: if lifo is elected 621 if fifo is elected 816 what is nueva's net income if it elects fifo?

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06-12-2022
Business

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nueva company reported the following pretax data for its first year of operations. net sales 7,340 cost of goods available for sale 5,650 operating expenses 1,718 effective tax rate 20 % ending inventories: if lifo is elected 621 if fifo is elected 816 what is nueva's net income if it elects fifo?

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