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STOCK VALUATION  It refers to the technique used to measure the value of a firm’s inventories, be they raw materials, work-in progress and finished 

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Presentation on theme: "STOCK VALUATION  It refers to the technique used to measure the value of a firm’s inventories, be they raw materials, work-in progress and finished "— Presentation transcript:

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2 STOCK VALUATION  It refers to the technique used to measure the value of a firm’s inventories, be they raw materials, work-in progress and finished  Last in, first out (LIFO)  First in, first out (FIFO)

3 LIFO  This method of stock valuation involves using the most recent batches of stocks first.  Its is suitable method for businesses that do not need to rotate their stocks since there is not sell by (expiry date on stocks, such as coal, aluminum, etc)

4 FIFO  This is a method of stock valuation whereby stock is valued based on the order in which it was purchased by the business  Explanation 410

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