The cost of your inventory has significant effects on your company's cost of goods sold, net income and calculation of assets. Unfortunately, inventory does not hold its value indefinitely; the money ...

Inventory consists of items used in the business, such as items you purchased for resale or goods that you manufactured that are complete and ready for shipment. You might think that tracking ...

Wondering about FIFO vs LIFO? Learn about the two inventory valuation methods and which one is best for you. Many, or all, of the products featured on this page are from our advertising partners who ...