Inventory Flashcards
1
Q
When to not use LIFO
A
2
Q
Inventory Turnover
A
COGS ÷ Average Inventory
3
Q
Advantages / Disadvantages of LIFO
A
Financial Accounting > Inventory > Flashcards
When to not use LIFO
Inventory Turnover
COGS ÷ Average Inventory
Advantages / Disadvantages of LIFO