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.
(on prescription): Seen on a prescription, q.d. (or qd) means one a day (from the Latin quaque die). The abbreviation is sometimes written without a period in capital letters as QD. However it is written, it is one of a number of hallowed abbreviations of Latin terms that have been traditionally used in prescriptions to specify the frequency with which medicines should be taken. Other examples include: 1  b.i.d. (bid or BID) is twice a day; b.i.d.. stands for bis in die (which means, in Latin, twice a day).  t.i.d. (or tid or TID) is three times a day ; t.i.d. stands for ter in die (in Latin, 3 times a day).