标题:
total cashflow
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作者:
cyber21
时间:
2011-7-11 18:41
标题:
total cashflow
Hey everybody
total CF is higher under LIFO and lower under FIFO
What do they exactly mean with CF?
Total CF = Cash inflow - Cash outflow?
Would be grateful, if anybody could explain this to me.
thanks
作者:
amqata
时间:
2011-7-11 18:41
when prices are increasing, LIFO inventory cost of goods sold > FIFO
higher LIFO cogs results in lower taxable income and lower cash outflow to taxes. hence CFO is higher under LIFO.
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