TITLE

Business & Briefs

AUTHOR(S)
Waterford, Donald
PUB. DATE
January 1975
SOURCE
National Review;1/24/1975, Vol. 27 Issue 2, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents news briefs related to developments in the field of business in the U.S. The need to deal with inflation is leading many corporations to switch from first-in-first-out accounting to last-in-first-out inventory evaluations. The rationale behind change to more conservative form of accounting is to reduce taxes on inflated earnings and improve cash flow. The reasons for rise in current loan loss ratio for major commercial banks and lending institutions have been examined. There has been decrease in market share of diesel locomotives due to the expansion of electric locomotives.
ACCESSION #
6055477

 

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