When a company changes from FIFO to LIFO, what effect does the change have on its net

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When a company changes from FIFO to LIFO, what effect does the change have on its net income and working capital of the current period?

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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Question Posted: Mar 10, 2012 06:14 AM

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When a company changes from FIFO to LIFO, what effect does the change have on its net

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Intermediate Accounting

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