Last-in, first-out

Definition:

Is an inventory cost flow whereby the last goods purchased are assumed to be the first goods sold so that the ending inventory consists of the first goods purchased.

Related terms:

Defeasance

Alternative Minimum Tax

Useful articles:

»	Managing Manager Performance
»	Using the Right Currency
»	Four Keys to Clearer Communication
»	Bringing Technical Presentations to Life

Amortization

Calculate monthly mortgage payments quickly and easily. Displays an Amortization Table.

Group Work

This calculator will tell you how long it would take two people to complete the task

Lease

This calculator is designed to help you work out monthly lease repayments

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Time Management

Freeing Up Your Work Week

This article explains how to begin leaving work on time while remaining just as productive as when you stay late.

To avoid chasing the clock forever, an individual must leave work on t... [ more... ]

Career

Downsizing -- And the Beat Goes On

When I first wrote the book, “The One Hour Survival Guide for the Downsized” more than a year ago, I truly believed that downsizing by this time would, be passé. I though... [ more... ]

Customer Servces

Major Customer Expectations

Customers expect more than ever before. Simply satisfying your customer doesn’t cut it these days. You have to go beyond average levels of basic satisfaction. By managing a... [ more... ]