Merchandising Companies purchase and sell directly and is ordinarily longer than a service company because of the inventory and its eventual sale lengthen the cycle, which differ merchandising and service companies.
difference between services enterprise and merchandising enreprise and manufacturing enterprise
As you can see, in merchandising companies we have more special components of revenues and expenses than service companies. Besides, merchandising have two different systems periodic inventory system and perpetual inventory system. Each system has own way to count goods.
Expenses and revenues are critical components that shape various types of budgets. In a static budget, expenses are fixed and do not change with revenue fluctuations, limiting flexibility. Conversely, a flexible budget adjusts expenses based on actual revenue levels, allowing for more accurate financial planning and responsiveness. Overall, understanding the relationship between revenues and expenses is essential for effective budget management and ensuring organizational sustainability.
Expenses are those amounts the benefit of which is already taken by business while prepaid expenses are advance payments for those expenses which company will incur in future.
i dont have any knowlege.....Nikita Gohil
difference between services enterprise and merchandising enreprise and manufacturing enterprise
As you can see, in merchandising companies we have more special components of revenues and expenses than service companies. Besides, merchandising have two different systems periodic inventory system and perpetual inventory system. Each system has own way to count goods.
Enterprise architecture is term used to describe the make-up or structure (architecture) of a business (enterprise). Enterprise architecture analyzes the components of the business model and the relationships between these components.
what is the diference between merchandising and retailing
A merchandiser is the person who does the job. Merchandising is the action.
Let me give you my little understanding about his two subjects. Merchandising is also called merchandise planning while visual merchandising is the art of implementing effective design ideas.
difference between enterprise and corporation
difference between enterprise and corporation
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Web-based Enterprise Management (WBEM)
list & describe the 3 form of business? describe each of the 3 types (service, merchandising & manufacturing) of business operation? Explain the difference between manufacturing & merchandising?
Net Profit is the relationship between income and expenses. Simply put NET INCOME = Total Revenue - Total Expenses. For a merchandising business (one that sells products instead of services) the formula is a little more complex. Total Revenue - Cost of Merchandise Sold (this is another formula) = Gross Profit Gross Profit -Expenses = Net Income If you are talking about a corporation you would also have to subtract Federal Income Tax before determining Net Income