As a small-business owner, it is important that you know the value of your current inventory. This is not as simple as knowing how many products you have, as products vary in their degree of ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Andy Smith is a Certified Financial Planner ...

At any given time, a portion of the inventory in a manufacturing operation is in the process of being transformed from raw materials or components into finished goods. Refereed to as a work in ...