Lifo Reserve evaluator uses Lifo Reserve = Fifo Inventory Value-Lifo Inventory Value to evaluate the Lifo Reserve, Lifo Reserve is an accounting measure that represents the difference between the inventory valuation under the Fifo method and the Lifo method. Lifo Reserve is denoted by LIFOR symbol.
How to evaluate Lifo Reserve using this online evaluator? To use this online evaluator for Lifo Reserve, enter Fifo Inventory Value (FIV) & Lifo Inventory Value (LV) and hit the calculate button.