Fifo Retained Earnings evaluator uses Fifo Retained Earnings = Lifo Retained Earnings+Lifo Reserve*(1-Tax Saving) to evaluate the Fifo Retained Earnings, Fifo Retained Earnings reflect the portion of retained earnings influenced by the FIFO inventory accounting method. Fifo Retained Earnings is denoted by FRE symbol.
How to evaluate Fifo Retained Earnings using this online evaluator? To use this online evaluator for Fifo Retained Earnings, enter Lifo Retained Earnings (LIFORE), Lifo Reserve (LIFOR) & Tax Saving (T) and hit the calculate button.