Teal company began it’s 07 1 method for inventory in 31/12/2017

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Teal company began it’s 07 1 method for inventory in 31/12/2017 change to FIFO, the following reported
income before tax with rate 40% for all years Year income W/A income FIFO 2015 370.000 395.000 2016
390,000 420.000 2017 410.000 450,000 The differences in income just related for change in pri… 

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