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In response to already low interest rates doing little to stimulate the economy,the Fed announced a new program in September 2011 under which it would purchase long-term Treasury securities while selling an equal amount of shorter-term Treasury securities.This policy was known as
Ending inventory
The total value of all the goods still available for sale at the end of an accounting period.
Gross profit
The financial metric indicating the difference between revenue and the cost of goods sold, reflecting the core profitability of product sales.
Perpetual inventory system
An accounting method that records the sale or purchase of inventory immediately through computerized point-of-sale systems and enterprise asset management software.
FIFO inventory cost method
An inventory valuation method where costs of the earliest goods purchased are the first to be recognized in determining cost of goods sold.
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