Your choice can result in drastic variations in the cost of goods sold, web income and ending inventory. Therefore, many corporations in the phantom profit formula United States use LIFO even when the method doesn’t precisely mirror the actual move of merchandise through the corporate. This is known as «phantom profit.» The consequences of phantom […]
Your choice can result in drastic variations in the cost of goods sold, web income and ending inventory. Therefore, many corporations in the phantom profit formula United States use LIFO even when the method doesn’t precisely mirror the actual move of merchandise through the corporate. This is known as «phantom profit.» The consequences of phantom […]
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