When you buy goods for resale, your inventory will be included in your COGS (cost of goods sold) at the end of the year. Buying less inventory will result in a lower figure for COGS on your income ...

How to calculate an inventory item on the balance sheet using First In, First Out (FIFO) and Last In, First Out (LIFO)—and consider the results of each inventory accounting method.

U.S. wholesale inventories fell 0.2% in November, as initially estimated last month, amid sharp declines in stocks of ...