Business, 22.11.2019 20:31 kalebstone8357
1points time remaining 34 minutes 46 seconds00: 34: 46 item 2item 2 1 points time remaining 34 minutes 46 seconds00: 34: 46 in 20x2, the robinson company switched its inventory method from fifo to average cost. inventories at the end of 20x1 were reported in the balance sheet at $22 million. if the average cost method had been used, 20x1 ending inventory would have been $20 million. the company's tax rate is 25%. the adjustment to 20x2’s beginning retained earnings would be:
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