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Recorded Inventory in Financial Formulas
Recorded Inventory contains data about the items a company has in stock, such as the amount of inventory on hand, what’s been sold and reordered, and where it’s stored. And is denoted by RI.
Financial formulas that make use of Recorded Inventory
f
x
Inventory Shrinkage
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FAQ
What is the Recorded Inventory?
Recorded Inventory contains data about the items a company has in stock, such as the amount of inventory on hand, what’s been sold and reordered, and where it’s stored.
Can the Recorded Inventory be negative?
{YesorNo}, the Recorded Inventory, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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