My accountant has told me that its FIFOFirst in First out so...

  1. adam a
    14,515 Posts.
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    04/01/09
    21:19
    Post #: 4655168
    My accountant has told me that its FIFO

    First in First out

    so 10,000 at $1.00 bought then 10,000 at $1.50 sold
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    lightbulb Created with Sketch.  Great analysis
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