3 Inventory Costing Methods to Consider When Valuing Your Stock

How much have you spent on your current inventory? How much did you spend on inventory that you’ve already sold? These are some of the most critical things retailers should be asking, and believe it or not, there is no one “right” answer to these questions, because of the various inventory costing methods out there. What is Inventory Valuation? Inventory costing or valuation is an accounting concept that has a direct impact on your gross… Read More

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