The basic meaning of par stock is the amount of stock a business or individual should keep on hand at all times. If your stock amount falls below this par, you should purchase more to keep it at that number.
Par levels are the products/goods been sold in your establishment which is the maximum and minimum amount of stock that is required. For example in a Dinning restaurant your par levels such as foods and beverages are to be checked… Full Answer
Shares of stock that are issued at a value in excess of a company's actual assets are known as watered stock. The term arose many decades ago when a par value was assigned to shares of stock by the board… Full Answer
Par value has no real connection to the worth of common stock. For example, when Starbucks went public, its shares of stock was $0.001 par, but opened at $17 and closed in the same day at $21.50; so if there… Full Answer
Simply to make stock-control easier. Before the invention of bar-codes, shops had to manually count every item of stock once a year. The bar-code replaced that need by enabling shop owners to see 'at a glance' what their stock levels… Full Answer
its done by calculation. basically - an educated guess. Not any longer. Software known as POS will calculate Par levels automatically, letting you know if your bartenders are overpouring. It will also let you know when your stocks are becoming… Full Answer
Bar codes are primarily used to identify an item or product. This is most commonly seen in UPC codes on products for sale, but local bar code methods can be used to keep business stock inventory, track invoices and records… Full Answer
That would be in the equity section for a corporation as an addition to "capital stock" (the par value of the stock) and an addition to "additional paid in capital" (the amount the stock was purchased for less the par… Full Answer
Almost every product on sale - from a pen to a wide-screen tv has it's own unique, individual bar-code. Bar-code readers don't just help out at the checkout - they build up a stock list of items sold, so the… Full Answer
To make stock-control easier. Every item has its own unique bar-code - each time the item is scanned at the till, the computer system updates the stock list. The manager can then see at a glance which items need re-ordering.
Stock control can be carried out manually on a FIFO type basis or on a software program which picks up transactions from bar code entry. An Inventory management system can be built to also help fulfil purchase orders with stock… Full Answer
Bar Code Readers help the stores in a number of ways the first would be to keep an accurate record of in store stock.... another obvious answer would be to used to tell the store clerk how much a certain… Full Answer
The word par means standard or average, from Latin meaning equal. For example, the face value of a stock or bond. Far above par, then means beyond the average or standard. If a stock or bond is sold at a… Full Answer