by VALA@valuer | Jul 18, 2024 | Inventory Valuation
1. Introduction: Inventory is commonly seen as the finished goods an enterprise accumulates before selling them to end users. Inventory can also be in form of the raw materials used to produce the finished goods as they go through the production process (often called...
by VALA@valuer | Jul 18, 2024 | Inventory Valuation, MRO Inventory
Balance sheet lists inventory as an asset, because money is spent on it and it has a value. Too much or too less of Inventory may cripple business. Maintenance, Repair & Operation (MRO) type of inventory requires better attention for asset intensive plant and so...
