The Importance Of Correct Stock Valuation as it has great impact On Gross Margin,Net Income , Asset Valuation And Capital of a business(Part 8)

It is important to understand the reason for the need to have correct valuation of stock. Simply, any incorrect stock valuation will have direct impact on the gross margin of an enterprise leading right down to the bottom-line which is the net income/profit of an enterprise. As the closing stock is in the current asset … Read more