Assume inflation
-
Lower Tax
-
Higher CFO
-
Lower DOH (Better cash conversion cycle)
Anything else?
Assume inflation
Lower Tax
Higher CFO
Lower DOH (Better cash conversion cycle)
Anything else?
You hate your accounting team
Ha!
Combined with the Multinational operations reading.
If FC is depreciating/ appreciating, LIFO may impact some ratios on parent’s accounts.