Multiple Choice
The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands) . If Caleres had used the FIFO method of inventory costing, 2016 COGS would have been:
A) $1,517,648 thousand
B) $1,551,301 thousand
C) $1,553,198 thousand
D) $1,517,146 thousand
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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