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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

Inventory costing or valuation is an accounting concept that has a direct impact on your gross profit and thus taxable income. Methods of valuing inventory are simply different cost-flow assumptions about how to allocate your cost of goods available for sale. We’ll start by explaining why inventory costing is important.

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Knowing Your Consumer is Essential for Grocery Business Success

Enterra Insights

Importantly, in 2020, these shoppers will have a purchasing power of $3.9 Understanding these unique values and preferences is vital for manufacturers and retailers to win with these consumer segments.” percent) of the population. They are expected to grow by an additional 60 million people over the next four decades.