Currency Exchange » discuss foreign exchange rates

1. holly24
   Member

   hi!
   I am frequently asked as to highest in, first out.
   What highest in, first out is, is in accounting, an inventory distribution method in which the inventory with the highest cost of purchase is the first to be used or taken out of stock. This will impact the company's books such that for any given period of time, the inventory expense will be the highest possible.
   Companies would likely choose to use the HIFO inventory method if they wanted to decrease their taxable income for a period of time. Because the inventory that is recorded as used up is always the most expensive inventory the company has (regardless of when the inventory was purchased), the company will always be recording maximum cost of goods sold.
   Contrast this with other inventory recognition methods such as last in, first out (LIFO), in which the most recently purchased inventory is recorded as used first, or first in, first out (FIFO), in which the oldest inventory is recorded as used first. Companies may occasionally change their inventory methods in order to smooth their financial performance.

   Posted 11 months ago #

2. laytongolden
   Member

   i read the expectations that the HUF-PLN probably will surge towards the 19th of this month began surfacing around the time that Hungarian Forint rates will be affected by the updates in the fabric market, and as a result will surge this fact could possibly explain the slump of the HUF.

   Posted 11 months ago #

3. berrystephan
   Member

   what holly24 said

   Posted 11 months ago #

4. stephenson1991
   Member

   yuo should pay less attention to secondary sector industry related events like, for example the fact that the pharmaceutics industry are about to to lift and cause the HUF-PLN rates to go up, and concentrate on trade ing logic like the postulate that the Hungarian Forint is believed to make slight movements as opposed to the Polish Zloty for a while, when learning howto study the foreign exchange market trends.

   Posted 11 months ago #

5. kenya1999
   Member

   what holly24 said

   Posted 11 months ago #

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