Acompany uses lifo. at the beginning of the current year its inventory was $225,000, and at the end of the current year its inventory is $300,000. at the start of the year its lifo reserve was $20,000 and at the end of the year its lifo reserve is $25,000. the company operates in an inflationary environment. if the company used fifo instead of lifo, its ending inventory would be:

LIFO reserve is the difference between the cost of inventory of LIFO and FIFO. A LIFO reserve of $25,000 indicates that if the company used FIFO the inventory would be $25,000 more than using LIFO.  So in this case the current year ending inventory would be $325,000 if the company used FIFO.

Explanation:

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.