I have a complicated question that sort of follows this thread. My wife has turned her hobby of making girls hair bows and clips into a business. She has spools of ribbon that may have cost $1.00-$3.00 each and she has hundreds of these spools. Some were purchased in 2013 when she turned the hobby into a business and some were accumulated when it was a hobby.. Should she unravel each spool to determine how many total yards she has? We have the receipts from the purchases so can we add up the inventory that way?
