Examlex
The New Stone Age is also called the _______________.
LIFO
Last In, First Out, an accounting method used to value inventory that assumes the most recently produced items are the first to be sold.
FIFO
First-In, First-Out, an accounting method where the oldest inventory items are recorded as sold first.
ROE
ROE, or Return on Equity, measures a corporation’s profitability by revealing how much profit it generates with the money shareholders have invested.
Investments
The act of allocating resources, usually money, with the expectation of generating an income or profit.
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