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What are some of the disadvantages of being a public company?
LIFO Liquidation
The process of liquidating older inventory that has been valued under the Last-In, First-Out (LIFO) accounting method, which can have tax and profit implications.
Tax Ramifications
The potential consequences and effects that specific tax laws and policies can have on an individual's or company's financial situation.
FIFO
FIFO, or First-In, First-Out, is an inventory valuation method where goods first bought are the first to be sold.
Replacement Cost
The current cost of replacing an asset with a new one of the same kind and quality.
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