Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. Inventory turnover ...

Microsoft Excel is a spreadsheet and data management application within the Microsoft Office software package. You can use Excel to record, arrange and calculate different data sets on your own or ...

Since the price of products continually changes due to inflation and consumer demand, valuing current inventory can be challenging. FIFO, or first in, first out, is an accounting method used to ...