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Iboro Augustus Akpan
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Iboro Augustus AkpanStudent
Asked: May 10, 20222022-05-10T14:57:26+01:00 2022-05-10T14:57:26+01:00In: Business

Business

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Which type of stock valuation method would a vegetable seller adopt in valuing its product?

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    1. Iboro Augustus Akpan Student
      2022-05-10T15:23:56+01:00Added an answer on May 10, 2022 at 3:23 pm

      FIFO: First in first out

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    2. Brainbox Student
      2022-05-11T04:05:11+01:00Added an answer on May 11, 2022 at 4:05 am

      No answer

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    3. Ibem ebere Currently on Shadow ban for spamming
      2022-05-12T11:43:19+01:00Added an answer on May 12, 2022 at 11:43 am

      No idea

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    4. Labran Abdulrahman Student Famously known as #jayjay a football frek.motivational speaker.Allah's🙏🏼own and a leader of the #FG
      2022-05-12T12:15:21+01:00Added an answer on May 12, 2022 at 12:15 pm

      I don’t understand pls

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    5. Pazival Moderator
      2022-05-13T09:36:13+01:00Added an answer on May 13, 2022 at 9:36 am

      This answer is FIFO is a method of stock valuation that stands for ‘First-In, First-Out’. This assumes that the first (oldest) units of stock produced.

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    6. Ozibobo Head of Studies
      2022-05-14T14:41:54+01:00Added an answer on May 14, 2022 at 2:41 pm

      First in first out would really go a long way

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    7. Wisdom Gideon Teacher
      2022-05-19T21:45:20+01:00Added an answer on May 19, 2022 at 9:45 pm

      The First-in, First-out works most of the time, because you definitely need to get rid of what came into the market first, you don’t want it getting spoilt.

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