InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,652.40
(
0.07%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
-1.63%
)
Bitcoin
60,947.51
(
-3.33%
)
Post# of 47873
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Nowak488

Send PM Follow Ignore
Followers 13
Posts 1445
Boards Moderated 0
Alias Born 05/05/2014

Nowak488

Re: vintagesake post# 21717

Tuesday, 03/03/2015 4:45:05 PM

Tuesday, March 03, 2015 4:45:05 PM

Post# of 47873
I am in public accounting and I've never seen this method used.. Not saying it isn't possible, but it isn't all that common.

Also, they would have had to make the election to value inventory with that method. It isn't something they can switch to whenever it suits them.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up