Most species in this order are solitary and hunt at night. Species in this family include the cheetah, the caracal, the Chinese desert cat, the jaguarundi, the ocelot, the serval, the Eurasian lynx, the fishing cat, the lion, the tiger, and the snow leopard. - Wildlife Journal Junior
Inventory valuation methods are used to calculate the cost of goods sold and cost of ending inventory. Following are the most widely used inventory valuation methods: First-In, First-Out Method. Last-In, First-Out Method. Average Cost Method.
When using the periodic method of inventory, Cost of Goods Sold is calculated using the following equation: Beginning Inventory + Inventory Purchases â End Inventory = Cost of Goods Sold. This equation makes perfect sense when you look at it piece by piece. The periodic method of inventory involves doing an inventory count at the end of each period, then mathematically calculating Cost of Goods Sold. 2  FIFO (first-in, first-out) is the assumption that the oldest units of inventory are sold before the newer units.