Question: 3 pts The uniform capitalization method must be used by Manufacturers of tangible personal property with average annual gross receipts of $ 3 2 million

3 pts
The uniform capitalization method must be used by
Manufacturers of tangible personal property with average annual gross receipts of $32 million for the preceding 3 years
II. Retailers of personal property with $2 million in average annual gross receipts for the 3 preceding years
Ionly.
II only.
Both I and II.
Neither I nor II.
3 pts The uniform capitalization method must be

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