Suraj shabdNov 25, 2021 · 3 years ago6 answersHow does the weighted average cost method compare to FIFO and LIFO when it comes to calculating results in the digital currency industry?
In the digital currency industry, how does the weighted average cost method compare to FIFO and LIFO when it comes to calculating results? What are the advantages and disadvantages of each method? How do they impact profitability and tax liabilities? Are there any specific scenarios where one method is more suitable than the others?
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