Examlex
A conglomerate merger is a merger of unrelated firms.
FIFO
First-In, First-Out, an inventory valuation method where goods purchased first are sold first.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set.
Net Realizable Value
The estimated selling price of goods minus the costs of their sale or disposal.
Lower of Cost
An inventory valuation method requiring inventory to be recorded at the lower of its historical cost or current market value.
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