By using this method, you’ll assume the most recently produced or purchased items were sold first, resulting in higher costs and lower profits, all while reducing your tax liability. LIFO is ...

A fruit vendor attends to a customer at an outdoor market in Beijing, China January 12, 2024. REUTERS/Florence Lo/File Photo China's consumer inflation accelerated to its fastest in five months in ...

Charts that work: FT visual vocabulary guide on facebook (opens in a new window) Charts that work: FT visual vocabulary guide on linkedin (opens in a new window) ...