Hi, does any body know the solution to question 4 of Inventory accounting reading of CFA curriculum. I couldnt understand how to convert from FIFO to LIFO. Your help would be appreciated… Sumit
Is this your problem? One of the hotest topics:) http://www.analystforum.com/phorums/read.php?11,626318,626318
this is a good exercise to understand those formula of COGS, LIFO reserve, etc.