A sample is a product given to a potential customer for free by a manufacturer, distributor or retailer for testing with the intention of persuading them to buy the product. These customers are ...

When you prepare the tax return for your business each year, the cost of goods sold is probably a major expense that you subtract from revenues as part of determining taxable income. Your beginning ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Eric's career includes extensive work in both public and ...

Beginning inventory is the book value of a company’s inventory at the start of an accounting period. It is also the value of inventory carried over from the end of the preceding accounting period.