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Levi Products Has No Work in Process or Finished Goods

Question 150

Multiple Choice

Levi Products has no Work in Process or Finished Goods inventories at the close of business on December 31 of the current year.The balances of Levi Products' accounts as of December 31 are as follows: Levi Products has no Work in Process or Finished Goods inventories at the close of business on December 31 of the current year.The balances of Levi Products' accounts as of December 31 are as follows:   Pretax income for the current year is: A) $484,000 B) $530,000 C) $576,000 D) $680,000 Pretax income for the current year is:


A) $484,000
B) $530,000
C) $576,000
D) $680,000

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