Understanding Weighted Average vs. FIFO vs. LIFO
- Investing News
admin
- 0
- 1 minute read
The main difference between the weighted average, LIFO, and FIFO accounting is how each calculates inventory and cost of goods sold. Each system is appropriate for different situations.
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-1132012708-0d3f8f4b04c14405aa72e54940ab6a0e-3064dc565912458a94297c60b3d609e7.jpg "Is a Career in Investment Banking Worth It?")
:max_bytes(150000):strip_icc():format(jpeg)/KraftCadburyHostileTakeover-56143341d0004032a1cdb65ec3c2859b.jpg "What Are Some Top Examples of Hostile Takeovers?")
