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How much is the LIFO cost of goods sold

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Question - QV-TV, Inc. provided the following items in its notes to the financial statements for the year-end 2019: Cost of goods sold was $23.50 billion under FIFO costing and the inventory value under FIFO costing was $2.40 billion. The LIFO Reserve for year-end 2018 was $0.75 billion and at year-end 2019 it had increased to $0.95 billion. How much is the 2019 LIFO cost of goods sold?

Reference no: EM133099973

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