121.67 days
Days in inventory is a measure of the average number of days that inventory is held.
365 days / ($285,000 / (80000+110,000)/2))
365 / (285,000 / {190,000/2})
365/ (285000/95000)
365/3 = 121.67 (rounded)
Dropping prices
Increased advertising
Comparing yours to competitors
Answer:
<u>(D) inventory obsolescence</u>
Explanation:
- It is known as the phase where the inventory is at the end or final stage of its product cycle. This inventory can be sold or used for the long run and is then not expected or liable to be given or sold in the future by the company.
- As she doesn't know whether the inventory is missing or does not know if it has been broken or stolen, she can note this down and thus can asset for the criteria following the valid integrity testing.
A private company, the company's stock, or its net is spread amongst few people, usually people close to the CEO/Owner.
A public company, the company's stock is available to purchase to anyone, and can be spread world wide.
