Question: reply to Judgement Case 20-2 The disclosure note will include that in 2024 net income will be 22 million more than it was if the

reply to "Judgement Case 20-2 The disclosure note will include that in 2024 net income will be 22 million more than it was if the company still used FIFO. It also states the earnings per share will be more as well. The Mayfair account will be an retrospective change because a change in accounting method like FIFO to LIFO is usually done retrospectively unless there is some special reasoning

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