Discover how the retail inventory method simplifies store inventory valuation with easy calculations, cost-to-retail ratios, and examples for effective inventory management.

Discover the differences between absorption and variable costing methods, how they impact financial statements, and why GAAP ...

WOODLAND HILLS, LOS ANGELES (KABC) -- A jewelry store owner is hoping suspects will be caught after he was robbed of hundreds of thousands of dollars in merchandise in Woodland Hills. Officers ...

PACIFIC PALISADES, LOS ANGELES (KABC) -- Help for victims of the January fires has risen from the ashes of those very fires. "This is my childhood home," says Adam Freed as he stands in an empty lot. ...

The indefinite suspension of Jimmy Kimmel's late-night show, which has been a staple on ABC for more than two decades, may have both short and long-term effects on the network's advertising revenue.

RICHMOND, Va. (WRIC) — A Virginia Commonwealth University (VCU) professor has developed a new, eco-friendly method of producing semiconductor materials. A semiconductor is a material that facilitates ...

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...

PARLIER, Calif. (KFSN) -- As summer temperatures rise, peaches and nectarines are ripening quickly in the Central Valley, and harvest is underway at HMC Farms in Parlier, where a unique approach to ...

PASADENA, Texas (KTRK) -- A man is in the hospital, and a Pasadena business owner is picking up the pieces after a truck plowed into her shop early Saturday morning. The crash happened around 1:30 a.m ...

It can be tempting for ecommerce brands to think that, as long as you have enough units to meet demand, the exact count doesn’t matter. But accurate inventory counts are incredibly important, as they ...