Dictionary Term of the Day Articles Subjects
BusinessDictionary
Business
Dictionary
Dictionary
Uh oh! You're not
signed up.
Sign Up
Home Dictionary
Term of the Day Articles Subjects

liquidation of LIFO layers

Definition
  • + Create New Flashcard
Popular Terms
A company will relinquish inventory that has been deemed unusable using the LIFO method. By doing this, the company is able to reduce costs and achieve a lower tax rate.
  • accounting

  • payment terms

  • accounting conc...

  • financial manag...

  • marginal benefi...

  • letter of credi...

  • asset

  • revenue

You Also Might Like...
Leo Sun
A Beginner's Guide to Angel Investing
Photo by AMagill For some more mature investors, the traditional vehicles of stocks, bonds and mutual funds can be limited and too highly exposed to market wide fluctuations. Some investors who have substantial cash savings, but do not wish to ... Read more
Adam Colgate
What is an S Corporation?
ADVERTISEMENT
Leo Sun
Projecting Start Up Costs for a Business
Adam Colgate
How Credit Scores Help Consumers
For consumers, a credit score helps determine how much you pay for certain products and services. In some cases, it may even have an effect on your chances in obtaining employment. A credit score gives lenders an idea of your credit risk and ... Read more



Email Print Embed
Copy & paste this HTML in your website to link to this page

Browse Dictionary by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
© 2019 WebFinance Inc. All Rights Reserved.
Unauthorized duplication, in whole or in part, is strictly prohibited.

Privacy, Disclaimers & Copyright
COMPANY
About Us
Contact Us
Advertise with Us
Careers
RESOURCES
Articles
Flashcards
Citations
All Topics
FOLLOW US
OUR APPS