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Difference between cycle stock and safety stock?
Cycle stock and safety stock are both goods a company holds to supply to customers but the cycle stock is used for immediate orders while the safety stock is held to meet the fluctuations in demand. The two kinds of stock are usually stored in separate areas of a business.
What services does a stock broker provide?
Stock brokers allow customers to buy and sell stocks as well as invest in other ways for a fee. They basically do all the technical working in the stock market for customers.
What are the sari-sari store problems?
A sari sari store is a store that is started in front of the house. Some of the problems they encounter include the choice of the right goods. Some goods do not have high turnover. Others include poor record keeping and poor financing. This brings about stock outs.
What is the Nature of business activities?
It is to provide customers with goods and services. The customers will purchase them and then bring in money to the business.
What should traders do before selling goods on credit to customers?
enternet
What is a whole sale?
A wholesale dealer sells goods to retailers who sell the goods (stock) in their shops. A retailer is someone who sells the goods to members of the public - customers. Some wholesalers will also sell to the public - wholesale and retail.
Difference between cycle stock and safety stock?
Cycle stock and safety stock are both goods a company holds to supply to customers but the cycle stock is used for immediate orders while the safety stock is held to meet the fluctuations in demand. The two kinds of stock are usually stored in separate areas of a business.
What constitutes cost of sales?
cost of sales i.e. cost of goods sold include opening stock, purchases, operating expenses and then deduct the closing stock.
What is meant by customers and who are customers?
the customers are the people who use the serives or goods
What is the collective noun of goods?
The collective noun is a stock of goods.
Who are McDonald's customers?
Customers are people who purchase goods from McDonald's.
What is an example of an anticompetitive technique?
Anticompetitive techniques include: Buying out competitors Requiring customers to sign long-term agreements Compelling customers to buy products they do not want in order to receive other goods
For whom are the goods produced?
for customers
What does ex stock mean?
Offers for delivery of goods from stock are subject to such goods remaining unsold on receipt of order.
How to calculate the closing stock of finished goods?
annual cost of sales=1800000 opening stock of finished goods=60000 finished goods storage period:10 days assuming 360 days in a year, the closing stock of finished goods is=??
How do you calculate the gross income and cost of goods sold?
Cost of Goods Sold = Opening Stock + Purchasing - Ending Stock
What is inventory cost?
Inventory cost is the cost for making of saleable goods to customers and include following items Material cost labor cost overhead cost
