Examlex
The customer's conscious evaluation of a product or service feature, or of the product or service itself is known as customer satisfaction.
Cost-to-retail Ratio
A method used to estimate the value of ending inventory based on the ratio of the cost of goods available for sale to the retail price of those goods.
Ending Inventory
The worth of products ready for sale at the close of an accounting cycle, determined by adding the initial inventory and purchases, then subtracting the cost of goods sold.
Retail Inventory Method
An accounting method used to estimate inventory value by calculating the cost to retail price ratio.
Cost To Retail Ratio
A method used in retail to calculate inventory value by comparing the cost of goods to their retail price.
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