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EB 13: Low-turnover valuation
or “Valuing stock for small businesses with low turnover”
You could also call this:

“Ways to value inventory for low-turnover traders”

If you’re a trader with low turnover, you have four ways to value your inventory. You can use the cost method, which is based on what you paid for the items. Another option is the discounted selling price method, where you figure out the value based on a reduced selling price. You can also use the replacement price method, which looks at how much it would cost to replace the items. Lastly, you can use the market selling value method, which considers how much you could sell the items for in the current market. These methods are designed to help you work out the value of your inventory in a way that suits your business.

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Next up: EB 15: Cost for low-turnover traders

or “How low-turnover traders can value their closing stock”
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Part E Timing and quantifying rules
Valuation of trading stock (including dealer’s livestock)

EB 14Low-turnover valuation methods

  1. The low-turnover valuation methods are—

  2. cost for low-turnover traders; and
    1. discounted selling price for low-turnover traders; and
      1. replacement price for low-turnover traders; and
        1. market selling value for low-turnover traders.

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