Hi-in periods of rising prices, the FIFO (fist in, first out) will give the highest ending inventory.The other two options (LIFO last in first out) will give the lowest ending inventory and the average method will give between the two.Hope this helps!i-in periods of rising prices, the FIFO (fist in, first out) will give the highest ending inventory.
Patrice is a given name meaning noble or patrician, related to the names Patrick and Patricia.In English, Patrice is often a feminine first name.In French it is used as a masculine first name.atrice is a given name meaning noble or patrician, related to the names Patrick and Patricia.
Appointed to the board in 2004, Patrice became non-executive chairman during 2004. He was a partner in one of the largest law firms in South Africa, Bowman Gilfillan Inc. He was a visiting attorney in the USA with the law firm, McGuire Woods Battle and Boothe.he is an independent non-executive director of Merafe Resources Limited, Richards Bay Coal Terminal (Pty) Ltd, South African Express SOC Limited and Rolfes Holdings Limited. She is on the advisory board of Senatla Capital and Trustee of Innovator Trust. She is a patron of Women In Mining South Africa.