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What is the difference between Days to sell inventory and Average age of inventory?
There is no different between the two measurement.
Difference between inventory and warehouse?
Inventory include materials, loose tools and finished products of an enterprise. Warehouse is the place for keeping the inventory for future use.
When quick ratio is greater than current ratio?
The main difference between quick and current ratios is the inventory. In cases where inventory value is in -ve (ie, stale goods and disposing them off takes money. hence, the net value of inventory goes -ve), CR < QR [addition of -ve qty] HTH
How do you calculate lifo reserve?
The LIFO reserve is calculated by taking the difference between the inventory reported under the Last In, First Out (LIFO) method and the inventory that would have been reported under the First In, First Out (FIFO) method. It reflects the amount by which LIFO inventory is less than FIFO inventory. To calculate it, you subtract the LIFO inventory balance from the FIFO inventory balance at the end of a reporting period. This reserve is important for understanding the tax implications and financial health of a company using LIFO accounting.
Difference between real assets and financial assets?
Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.
What is the difference between inventory control and inventory planning?
Their is no Difference
What is difference between fixed asset and inventory?
What is the difference between fixed asset and inventory
What is the difference between stock and inventory?
The difference between stock and inventory is that stock is what you have if you're selling items. Inventory includes what you have as your belongings.
Explain inventory Management policies?
what is definition of inventory? what is the difference between inventory and asset?
What is the difference between pricing inventory and valuation inventory?
in fact there is no diff.
What is the difference between accumulated depreciation and an depreciable asset?
Depreciable asset - accumulated depraecation = net of Depreciable asset (PPE) Which is the reported PPE(net)
What is the difference between Days to sell inventory and Average age of inventory?
There is no different between the two measurement.
What is a difference between periodic inventory and perpetual inventory?
periodic takes place on an irregular schedule where perpetual is a constant state of inventory
What is inventory variance?
An inventory variance report shows the difference between previous recorded inventory quantity and correct inventory quantity which is discovered immediately after a physical count. It also reports on the value difference the quantity variances caused.
What is the difference between inventory and warehouse?
* Inventory: A concept of having something stored. * Warehouse: A building to store goods in.
What is the difference between ending inventory using LIFO and ending inventory using FIFO referred to as?
LIFO Reserve
What is the difference between inventory holding cost vs carrying cost?
Actually there is no difference between Inventory holding cost and carrying cost. Its like, you will be able to hold the inventory only when you carry it. So whether you hold the inventory for one year or carry it for one year both are same
