Asked by Anusree Nambiar on Jun 26, 2024

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The _________________ method is commonly used to estimate the value of inventory that has been destroyed, lost, or stolen.

Estimating Value

The process of determining an item's worth or the fair market value of assets, often used in finance and real estate.

Inventory

The total amount of goods and materials held by a business for the purpose of resale, manufacturing, or repair.

  • Learn about the estimation methods for inventory that is lost, stolen, or destroyed.
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GE
Georgio El-khassJun 30, 2024
Final Answer :
Gross profit