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Inventory Management Blog | Inventory Management Formulas

What is beginning inventory: beginning inventory formula

What is beginning inventory? Beginning inventory is the dollar value of all inventory held by a business at the start of an accounting period, and represents all the goods a...

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Calculating the ghost economy’s impact on profitability

You may not have heard about the ghost economy, but it’s something you should be familiar with. In brief, the ghost economy is the added costs in lost revenue to preventable...

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