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The state whose results were under scrutiny, as they would determine the winner of the 2000 presidential election was
Cost To Retail Ratio
A method to estimate the value of ending inventory and cost of goods sold based on the ratio of cost to the retail price of goods.
Ending Inventory
The cost of items on offer at the close of an accounting term.
FIFO
"First-In, First-Out," an inventory management and valuation method where the earliest goods acquired are the first sold or used.
Perpetual
In inventory management, a perpetual system continuously updates the inventory records for each purchase and sale, providing real-time inventory levels.
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