How LIFO and FIFO accounting methods impact a company's inventory outlookFact checked by Suzanne KvilhaugReviewed by Natalya YashinaAll companies must determine how to record the movement of their ...

FIFO is more common, however, because it’s an internationally-approved accounting methos and businesses generally want to sell oldest inventory first before bringing in new stock. LIFO might be ...

Bruns, William J., Jr., Sharon Bruns, and Susan S. Hameling. "Merrimack Tractors and Mowers: LIFO or FIFO?" Harvard Business School Brief Case 083-217, December 2008.

Bruns, William J., Jr., Sharon Bruns, and Susan S. Harmeling. "Merrimack Tractors and Mowers: LIFO or FIFO? (Brief Case)." Harvard Business School Teaching Note 083 ...