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If you are looking to calculate the Cost of Goods Sold https://kelleysbookkeeping.com/ (COGS), then both FIFO and WAC are globally accepted. As corporations increasingly need to navigate global markets and conduct operations worldwide, international standards are becoming increasingly popular at the expense of GAAP, even in the U.S. Since a manufacturer must pay its suppliers

If the company had not retained this money and instead taken an interest-bearing loan, the value generated would have been less due to the outgoing interest payment. RE offers internally generated capital to finance projects, allowing for efficient value creation by profitable companies. However, readers should note that the above calculation is indicative of the value created