1 As a result, if LIFO method is used in a rising-price and increasing-inventory environment, more of the higher-cost goods (last ones in) will be accounted for in COGS as opposed to FIFO.2  Under this scenario, net income will be lower compared to a company that used FIFO accounting.IFO will use the cost of the old stock to determine the COGS, making the profitability ratio less reflective of the current economic reality. As a general rule, in a rising-price and stable-or increasing-inventory environment,using profitability measures based on LIFO is better.
Paraphenylenediamine (PPD) is a chemical substance that is widely used as a permanent hair dye. It may also been found in textile or fur dyes, dark coloured cosmetics, temporary tattoos, photographic developer and lithography plates, photocopying and printing inks, black rubber, oils, greases and gasoline.
IPD is also used to describe the distance between the exit pupils or optical axes of a binocular optical system. Pupillary distance (PD) also describes the distance between the two pupils, but is an optometric term used to specify prescription eyewear. The PD of a patient is used to specify prescriptive eyewear for that patient. The distinction with IPD is the importance of anthropometric databases and the design of binocular viewing devices with an IPD adjustment that will fit a targeted population of users.