Examlex
If two companies have the same amount of sales, why could one company still have more inventory than the other company?
Retained Earnings
Profits that a company keeps to use within the business after dividends have been paid out to shareholders.
Fiscal Year
A one-year period used for financial reporting and budgeting, which may or may not align with the calendar year.
Goods Sold
Goods sold refers to the total quantity of goods that a company has sold to its customers during a specific accounting period.
Asset Turnover Ratio
A financial ratio that measures the efficiency of a company at using its assets to generate sales or revenue.
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