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The Spring diatom increase
Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services over a period of time.
Ending Inventory
The total value of all goods available for sale at the end of an accounting period.
Purchases
The total amount spent on goods and services bought by a business for either resale or use in its operation.
Cost-to-retail Ratio
The cost-to-retail ratio is a method used in inventory accounting to estimate the value of ending inventory using the ratio of cost to retail price.
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