Share this postA Peek Behind the NumbersGeneral Mills' Inventory AccountingCopy linkFacebookEmailNotesMoreGeneral Mills' Inventory AccountingIts LIFO accounting reflects rising costs faster than its FIFO peers- but a LIFO liquidation may have temporarily minimized the impactBehind the NumbersJan 06, 2022∙ PaidShare this postA Peek Behind the NumbersGeneral Mills' Inventory AccountingCopy linkFacebookEmailNotesMoreShareSo 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…This post is for paid subscribersSubscribeAlready a paid subscriber? Sign in