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What would be corrected value for income before income tax

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Reference no: EM132716020

Question 1: What method does the company use to determine the cost of its inventory?

Question 2: If the company overstated ending inventory by $10 million for the year ended February 3, 2018, what would be the corrected value for Income before Income Taxes? (Enter your answers in thousands, rounded to 2 decimal places.)

Question 3: Compute the inventory turnover ratio for the current year.

Attachment:- Income tax.zip

Reference no: EM132716020

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