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Inventory valuation
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Hello friends and fellow entrepreneurs. Welcome to another Core CPAs and Advisor Podcast. Inventory valuation is an accounting practice that is followed by companies to find out the value of unsold inventory stock at the time they are preparing their financial statements.
It’s an accounting method that helps retailers benchmark net income, obtain financing, and run accurate stock checks. That is why in today´s podcast we will tell you all the basics about this process. Well, let’s get started!
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