Hints and tips:
...The flipside is FIFO — or “first in first out”....
...“What’s key to this is that the e-mini market is a ‘FIFO’ market — ‘first in, first out’,” says one trading executive who declined to be identified....
...We observe that Ametek explicitly dropped the “lower of cost or market” inventory valuation language from its SEC filings, and has quietly been changing its inventory accounting from LIFO to FIFO, a change...
...Many miners are employed in so-called Fifo – fly-in, fly-out – jobs that enable them to spend their six-figure salaries in Australia’s fastest growing capital....
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