INVENTORY VALUATION is the process of assigning a financial value to on-hand inventory, based on standard cost, first-in, first-out (FIFO), last-in, first-out (LIFO), average list price or other method. The method used is determined by a requirement to meet legal or other standards specified by a third party, or by an operational measure found to be useful in analyzing inventory positions.
BANK STATEMENT is a statement reporting all transactions in the accounts held by the account holder.
M as the fifth letter of a Nasdaq stock symbol indicates that the issue is the fourth class of preferred shares of the company.
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