A Peek Behind the Numbers

A Peek Behind the Numbers

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A Peek Behind the Numbers
A Peek Behind the Numbers
General Mills' Inventory Accounting

General Mills' Inventory Accounting

Its LIFO accounting reflects rising costs faster than its FIFO peers- but a LIFO liquidation may have temporarily minimized the impact

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Behind the Numbers
Jan 06, 2022
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A Peek Behind the Numbers
A Peek Behind the Numbers
General Mills' Inventory Accounting
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So far, we have examined how Colgate-Palmolive (CL) likely benefitted from utilizing FIFO inventory in the inflationary environment in addition to possibly benefitting from liquidating lower-cost LIF…

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