S SriHanuman New member Joined Dec 26, 2015 Messages 0 Reaction score 0 Jan 29, 2016 #1 Why are LIFO firm’s less likely to writedown an asset compared to FIFO firm pg193 Schweser
S S2000magician New member Joined Mar 17, 2013 Messages 0 Reaction score 0 Jan 29, 2016 #2 Because their inventory values are old, so they’re more likely to be low already.
H Harrogath New member Joined Jan 22, 2015 Messages 0 Reaction score 0 Jan 30, 2016 #3 In inflationary scenarios.
S S2000magician New member Joined Mar 17, 2013 Messages 0 Reaction score 0 Jan 30, 2016 #4 Harrogath wrote:In inflationary scenarios. Click to expand... Correct; good point.