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Inventory Value
The total cost or market value of all the goods and materials held by a company intended for sale.
Beginning Inventory
The total value of a company's inventory at the start of an accounting period.
Net Sales
The amount of sales generated by a company after deductions for returns, allowances for damaged or missing goods, and discounts.
Markup
The percentage of the cost price of items that is added on to cover overhead expenses and profit.
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