When you buy goods for resale, your inventory will be included in your COGS (cost of goods sold) at the end of the year. Buying less inventory will result in a lower figure for COGS on your income ...

Many ratios help analysts measure how efficiently a firm is paying its bills, collecting cash from customers, and turning inventory into sales. Two of the most important are accounts receivable and ...

The basic rule is that you should value your inventory at its purchase price, and you should not count any items that have no value. The loss on the worthless items is reflected in the tax returns as ...

Commissions do not affect our editors' opinions or evaluations. The cost of inventory can have a significant impact on your profitability, which is why it’s important to understand how much you ...

Getty Images / Kmatta All companies must determine how to record the movement of their inventory. The amount a company pays for raw materials, labor, and overhead costs is continually changing.

Earlier this year, Austin City Council directed the city manager to look into what it would cost to do a citywide tree ...

The Charlottesville real estate market is still hot, and industry insiders don't expect it to cool down anytime soon now.