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    kacrawford's Avatar
    kacrawford Posts: 1, Reputation: 1
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    #1

    Oct 14, 2009, 10:10 AM
    Cost flow
    How do you calculate the cost flow for inventory using LIFO?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Oct 15, 2009, 01:30 AM

    I don't know what you're asking because using LIFO and cash flow aren't related. LIFO is just a method used for deciding what cost to use when you actually sell something. That has nothing to do with how much cash flow you actually had in the way of payments.

    It would be helpful if this were put into context, because as is, I'm not sure what you're trying to refer to.
    denmother4's Avatar
    denmother4 Posts: 2, Reputation: 1
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    #3

    Oct 16, 2009, 01:20 PM

    What is the income for 'Farrence Company if it purchased 1000 5%,10/ @102 and 500 6.5 10 at 98
    denmother4's Avatar
    denmother4 Posts: 2, Reputation: 1
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    #4

    Oct 16, 2009, 01:23 PM
    The following investments were made by the Farrence Company a. purchased a $1000, 5%, 10-yr, bond at 102 and a 5000 6.5% ,10yr bond at 98
    What is the total income earned by company for bond in b. and the amount of interest income to be reported annually for a.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #5

    Oct 16, 2009, 09:24 PM

    Please always start your own thread for your question instead of tagging onto someone else's. (Especially when it has nothing to do with the other post.) And then also read our guidelines on posting homework questions:
    Ask Me Help Desk - Announcements in Forum : Homework Help
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