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Post# of 793328
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Derek2534

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Derek2534

Re: IL Padrino post# 183634

Wednesday, 03/05/2014 3:28:25 PM

Wednesday, March 05, 2014 3:28:25 PM

Post# of 793328
It's accounting term used in merchandizing companies. GAAP gives you 2 ways to take inventories first in first out, last in first out. FIFO and LIFO. Why do you ask?
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