shweta gawankar
Aug 2, 2012, 07:03 AM
What are the different methods of valuating stock i.e last in first out & first in first out?
paraclete
Aug 2, 2012, 05:38 PM
One question at atime, if you caption the question the same you can't expect an answer
There are many methods depending upon how you acquired the stock and your financial policies all overridden by the lower of cost, market or replacement principle.
FIFO, LIFO, Average Cost, Actual Cost, Standard Cost, Direct Cost so you will find detaled explanations of these in your text