when do you use FIFO vs LIFO?

Q: Can you explain COD with an example ?

A: The acronym “COD” in terms of business refers to either Commercial Operation date or cash on…

Q: How do I calculate FIFO? Please provide examples so I can see HOW the answer comes out.

A: Here in this case we need to understand the FIFO method. We first needs to understand that, there is…

Q: are we also user of accoutanting, if yes how?

A: Financial Accounting provides various useful information to various user groups which helps them in…

Q: What are the advantages and disadvantages of  FIFO?

A: First-in-First-Out:  In First-in-First-Out method, the costs of the initially purchased items are…

Q: Explain IO and PO Strips?

A: Interest only (IO) strips are a financial product shaped by unraveling the principal and interest…

Q: When are data in 3NF?

A:

Q: What are IO and PO strips?

A: Mortgage-backed securities: The financial instruments intended in raising investment which is…

Q: What is LIFO?

A: Definition: Inventory cost flow methods: These are the methods used by the companies to compute the…

Q: What is a call option?

A: The contract that the option writer sells to the option holder is represented by an option, which is…

Q: pos.

A: This statement is also known as Statement of Profit and Loss or Profit and Loss Account. Income…

Q: How XBRL is different from inline XBRL? What challenges do you see in the implementation of XBRL?

A: XBRL: In short, XBRL stands for extensible Business Reporting Language, and it is a software…

Q: What do the acronyms ACRS and MACRS stand for?

A: The accelerated cost recovery system was a government United States tax cut presented in 1981 and…

Q: Define covered call option

A: Covered call option It alludes to financial market exchanges where the financial specialist who…

Q: How much of FTB?

A: Answer:

Q: Define First-In, First-Out (FIFO) method.

A:

Q: What is operating leverage for the info attached? 1.3, 2.7 or 6.7

A: Operating Leverage = Contribution margin​/Profit

Q: What is Flip's Operating Cycle?

A:

Q: Parallel

A: ISTISNA AND PARALLEL ISTINA :

Q: Explain MBBs and MPTs?

A: Mortgage-backed security: A mortgage-backed security is a kind of asset-backed security which is…

Q: se EBITDA MULTIPL

A: We need to compute EBITDA multiple for 2017 and 2018.

Q: What are the advantages and disadvantages of  LIFO?

A: Last-in-First-Out: In Last-in-First Out method, the costs of last purchased items are considered as…

Q: Define call and put option.

A: Options give the buyer the right to purchase but not the obligation to execute the contract. The…

Q: What is PNL?

A: The term PNL is used in accounting, finance, and business to refer profit and loss.

Q: ess? (Use the calculator pro smallest possible whote.nu

A: The time period to cross value below $900 can be calculated as follows : Calculations :

Q: Define TED spread

A: The term TED spread stands for Treasury Euro Dollar Spread. It can be defined as the credit…

Q: nformation technology has ha

A: IT is the development and management of an organization's processes, strategies, and functions based…

Q: What is the LIFO conformity rule?

A: Last-in-First-Out (LIFO): In this method, items purchased recently are sold first. So, the value of…

Q: What is Rs?

A: Rs. is basically the symbolism for Indian Rupees.

Q: Describe the steps taken to Switch from the DB method to the SL method?

A: Depreciation:- Depreciation is allocating the value of the fixed (long lived) assets over the period…

Q: How do HTTP and HTTP-NG differ?

A:

Q: What is skimming?

A: Skimming: It is the fraudulent process under which the employees of the company steal the cash from…

Q: at is busd What is xrp How they

A: What is busd ? The New York State Department of Financial Services (NYDFS) has authorised Binance…

Q: nost outspok of managen m.

A: The answer is  Milton Friedman

Q: w to calculate WAC

A: The weighted average cost of capital, commonly regarded as the WACC is the total cost of all the…

Q: Explain FIFO & LIFO

A: The answer is provided as follows:

Q: What does XBRL stand for?

A:

Q: How do I calculate FIFO and LIFO?

A: Meaning of FIFO:First in first out means if company purchases any goods for sale purpose then…

Q: how do you calculat mpg in excel?

A: Cost driver: Cost driver is one of the measurements that help the company in tracing directly the…

Q: ome will be reported using FIFO as

A: Since we answer only one question, we will answer the first question. Please resubmit the questions…

Q: What is greenmail?

A: Greenmail became a controversy in the year 1980. Similar to the term blackmail, greenmail also…

Q: What is OLTP and OLAP? How are they different?

A: OLAP stands for Online Analytical Processing which helps in analyzing different business elements…

Q: What is an XBRL tag?

A: The internal database of the organization is mapped by the computer programs to issue tag to each…

Q: ect Wo provide net opera

A: 1. Calculation of Net Present Value Before calculating Net Present Value, we should have accurate…