Interested to Buy Any Domain ? << Click Here >> for more details...
what is LIFO method & procedure ? How you can calculate it ?
What is Fund flow ? & what is Cashflow method ? whais is
the use fund flow & cash flow in company?
- 2 Answers
- 5265 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
LIFO(Last in First Out)-This is a method of valuation of
stock (Inventory), where in the latest price of goods
purchased is applied for valuing the inventory at any time.
This is applied only for valuation & not for use of
materials/goods for sale or consumption, as it is always on
FIFO, i.e. stock first received will be sold or consumed
first. There are other method of stock valuations as well -
FIFO9First in First Out), Average Price & Weighted Average
Price.
Funds Flow refers to movement of funds (Working Capital)
during a an accounting period (Month, Quarter, Half year or
year). This statement is prepared to know who the working is
utilised during the period and what is the position of funds
as at the close of that accounting period.
Cash Flow refers to movement of money (Receipts & payments)
during the specified accounting period. Cash-Flow Statement
helps in knowing opening position, receipts from various
sources, payments for various purposes and closing position
of cash & bank balance.
Both Cash-Flow & Funds-Flow help in formulation company's
future course of action & ensure no cash-crunch situation as
also optimum utilisation of available financial resources.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / kailas tulaskar
Very fine.
I have got satisfactory answer
| Is This Answer Correct ? | 2 Yes | 0 No |
MY QUESTION IS THAT IS WHEY WE SELL THE UPS IN THE MARKET BUY FROM THE IMPORT WHAT THE DUTY WE WILL FORWARD TO THEM.
what is bank of america
where will be effect the amount of depreciation in company final account? If it will effect in P&L A/c & Balance Sheet also than will amount be same in both sheet?
11 Answers Global Automation, IBM,
What are the main differences between corporate debt and equity? Why do some firms try to issue equity in the guise of debt?
What do you mean by Small Scale Industries, and what is the benefit of going to SSI, Pls explain in detail ??
hat is the meaning of the capital ique,and hat is capital,and ahat is ique
Recently while appraising a loan proposal I noticed that the company was a newly formed company. While allotting the capital among the share holders the shares were allotted at a huge premium. What is the reason for showing a huge premium?
What is STP Reports
1 Answers 3i Infotech, Accel, CTS,
How to analyse the day to day sensex Points or Forex Values?
what is holding company, explain brief?
why your choseing bank of america
I am forming a Pvt. Ltd. company with total 4 no. of directors including myself. I'll be providing all the financing via. initial capital investment + operating cost. We have mutually agreed to keep percentage as - 55% myself and 15% each of other 3 (15x3=45%) now my questions are : 1. What if one person backs out at any given point, what are implications and what would happen to his share of percentage ? 2. What should I do to keep a control on decisions and financial matters in case any of the directors cheats/wants to leave? (as my money will be on stake)
Audit 
