College GPA Calculator

Posted by Calculators on March 17th, 2021

Use an online math calculator to calculate Factors, Fractions, Math, Scientific Notation, Percentages. A scientific calculator is a calculator designed to calculate science, engineering, and mathematics problems.

A scientific calculator has the capability to perform calculations more than just division, multiplication, subtraction, and addition.

What is a probability distribution?

A probability distribution is a special type of function, that is named a measure in mathematics.It allows to relate events to their probability. A probability distribution is a statistical function that describes all the possible values and likelihoods that a random variable can take within a given range

FIFO and LIFO Inventory Accounting

FIFO, first in-first out, means the items that were bought first are the first items sold. Ending inventory is valued by the cost of items most recently purchased. First-In, First-Out method can be applied in both the periodic inventory system and the perpetual inventory system.
The FIFO method is allowed under both Generally Accepted Accounting Principles and International Financial Reporting Standards.

FIFO is a good method for calculating COGS in a business with fluctuating inventory costs.

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Joined: November 9th, 2019
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