Compared to FIFO, Cost of goods sold under LIFO will be higher because the most recent higher costs units are assumed to be the first units sold. Higher COGS under LIFO will result in lower gross profit (revenue – cost of goods sold)
On 17th March 2020, Ministry of Science & Technology said that the Scientists from the Institute of Nano Science and Technology (INST) had developed a ...
State bank buddy is a type of ______ wallet?
Which one of the following devotional saints have projected the philosophy of Confirmation?
Which is a semi classical Indian dance with martial and folk traditions?
Which of the following economic activities falls under the primary sector?
In a group of students, the number of girls is three-fourth of the number of boys. If two-third of the number of girls and one-half of the number of boy...
Which state has announced to provide monthly support Rs 3000/- to women under Saubhagya Laxmi Scheme?
Recently, which of the following firms became the 100th Unicorn company of India?
Where did Gautam Budha preached his first Sermon in India?
Mughal ruler, Aurangzeb died in which year?