The Bigger Picture In Selling Your Business

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What Does Inventory Mean?

A company’s inventory is the stock of raw materials, finished products for sale, and products currently being produced for sale. Inventory categories can be individually valued in various ways: such as by cost or current market value; and collectively by stock valuation methods known as ‘First-in, First-Out (FIFO) and ‘Last-In, First-Out’ (LIFO).

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