Which type of stock valuation method would a vegetable seller adopt in valuing its product?
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Which type of stock valuation method would a vegetable seller adopt in valuing its product?
FIFO: First in first out
No answer
No idea
I don’t understand pls
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.
First in first out would really go a long way
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.