The physical count is used to bring the inventory balance in the Inventory account up to date.furthermore, The actual count is utilized to decide whether there has been any burglary, misfortune, harm or mistakes in stock.
How is Days Sales of Inventory calculated?
Days Sales of Inventory is calculated as follows:Days Sales of Inventory = COGS x (Average Inventory x 365).
What exactly is Days Sales of Inventory, or DSI?
A financial ratio known as days sales of inventory (DSI) depicts the average number of days it takes a company to sell its inventory, including work in progress goods.
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When conducting incremental analysis related to the decision if it should eliminate one of its unprofitable product lines, Giant should assume a percentage of fixed costs associated with the discontinued product line will remain, where fixed costs <span>are the costs </span><span>that have to be paid by a company, independent of any business activity. They are not variable.</span>
Loan with a collateral is a
b. secured loan
Answer:
intended use
Explanation:
Products that are in their final form and are ready to be purchased and consumed by individuals or households for their personal satisfaction are classified as consumer products. On the other hand, if they are bought by a business for its own use, they are considered business products.
Money that’s the amount you would use
