gevork
26th February 2005, 17:54
Hi All,
I need to know if stock was purchased for say £20 a unit and i have 1000 units in stock. They now have a replacement cost of £25. It cant be used for any purpose other than one client do i value the stock cash outlay before discounting as its cost at time as stock (£20) or the current value of £25.
Help would be appreciated.
Thanks
Gevork
I need to know if stock was purchased for say £20 a unit and i have 1000 units in stock. They now have a replacement cost of £25. It cant be used for any purpose other than one client do i value the stock cash outlay before discounting as its cost at time as stock (£20) or the current value of £25.
Help would be appreciated.
Thanks
Gevork