[胡老师] 请问notes上面Inventory的一个小问题 net, statements, comparing, accounts, adjusted

martinmeng

a firm financial statement s were prepared using LIFO. what accounts should be adjusted when the financial statements are restated for the purpose of comparing ratios to indutry average.

A. net income

B . stockholders equity

答案是B， 我没问题。 但为什么A不对， 如果使用LIFO，会改变COGS, income 也会发生变化呀？

请胡老师帮助解答，谢谢您！

胡老师

如果使用LIFO，会改变COGS, income 也会发生变化  这话是对的,但是你要明确 在利润表上, LIFO报告的净利润是正确的,而在资产负债表上, FIFO报告的存货是正确的.

martinmeng

清楚了，谢谢胡老师！