A current asset - includes the value of items acquired or manufactured for resale, also known as stocks.

Raw materials, principally newsprint, used in the business.

Raw materials, work in process and finished products

raw materials, work in progress, and finished products. LIFO (last-in, first-out) accounting minimizes illusory, but taxable, inventory profits in periods of rising prices because high-cost materials are expensed against income first. Under FIFO (first-in, first-out) accounting, the reverse is true. Average cost (middle-in, middle-out) is a compromise between LIFO and FIFO.

All goods and materials available for sale (in the case of wholesalers, retailers and distributors) or raw materials and supplies, work in process and finished goods (in the case of manufacturers). Listed in the current assets section on the statement of financial position.

Also known as stock, this relates to items that have been manufactured or acquired for resale, work not yet completed and raw materials. Appears as a Current Asset on the company balance sheet.

A current asset. Includes the value of items acquired forresale or manufactured, work in progress and raw materials. Otherwiseknown as stocks.

Stocks of goods held by businesses either for further processing or for sale. (Bureau of Economic Analysis)

The stocks of goods in the hands of producers.