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The Year-End LIFO Inventory Purchasing Decision: An Empirical Test.

Micah Frankel; Robert Trezevant

The Accounting Review 1994

Abstract Examines analytical models of year-end purchasing decisions of a last in, first out (LIFO) firm. Prediction that LIFO firms are more likely to purchase extra inventory at year-end than first in, first out (FIFO) firms; Effect of taxes on the inventory purchasing policy of LIFO firms; Cost of goods sold management.

DOI
10.2308/tar-9412141421
Volume
69 (2)
Pages
382-398
Language
en
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