Without going into all the accounting intricacies, LIFO understates inventoryvalue, overstates the cost of sales, and therefore lowers reported earnings.
Its dealerships are distinctively designed, looking and feeling more like woodsy lodges than showrooms, with plenty of amenities and a full inventory of value-added Land Rover gear and clothing on hand to ensure nobody walks out the door without making a purchase.
The truth is that all of this is speculation, and the people who were sent to value the riches have been told to submit the inventory and its value to the court.