A CALL FOR HELP! (1 Viewer)

AKONS

Active Member
Joined
Jan 23, 2020
Messages
158
Gender
Male
HSC
2021
Hi guys!
This is my last stitch effort.
I can't find a single LIFO case study! The pricing or inventory method. I know there is a low chance but if there is a generous soul out there please share!
If I receive an answer I will ensure that once I finish HSC I will upload my diverse collection of case studies and theory notes for the next student in need, onto boredofstudies.
So please help a guy out! :)
 

BLIT2014

The pessimistic optimist.
Moderator
Joined
Jul 11, 2012
Messages
11,592
Location
l'appel du vide
Gender
Undisclosed
HSC
2014
Uni Grad
2018
Hi Akons, the syllabus does allow you to give "hypothetical" examples, i.e create your own made-up business. This is an option if you are unable to find any real-life examples.
 

BLIT2014

The pessimistic optimist.
Moderator
Joined
Jul 11, 2012
Messages
11,592
Location
l'appel du vide
Gender
Undisclosed
HSC
2014
Uni Grad
2018
Apparently,
* General Electric (NYSE:GE) uses LIFO for its U.S. inventory and FIFO for international.
* Wal-Mart (NYSE:WMT) uses LIFO.

You will need to check the validity but that this is what came up for me with a quick google.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top