Module 6a Section 4

Round y our ans wer to the neares t whole number 141

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Unformatted text preview: ? (Round y our ans wer to the neares t whole number.) $ 141 (million) Has the us e of LIFO inc reas ed or dec reas ed GE's c umulative tax es paid? dec reas ed inc reas ed Mark 1.00 out of 1.00 (e) W hat effec t has the us e of LIFO inventory c os ting had on GE's pretax inc ome and tax ex pens e for 2010 only (as s ume a 35% inc ome tax rate)? 2010 pretax inc ome: inc reas ed dec reas ed Mark 1.00 out of 1.00 by $ 125 million. 2010 tax ex pens e: inc reas ed platfor m.mybusinesscour se.com/mod/q uiz/r eview....
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