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In astronomy, distances to stars are measured in light years. One light year is the distance a ray of light travels in one year. If the speed of light is approximately 186,000 miles per second, estimate the number of miles in five light years.
Net Sales
This is the total amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and any discounts allowed.
Total Assets
Total Assets are all the assets a company owns, including cash, inventory, property, and equipment, showcasing the entity’s financial standing.
Inventory Turnover
A ratio showing how many times a company has sold and replaced inventory over a period.
Profit Margin
A financial metric indicating the percentage of revenue that remains as profit after all expenses are subtracted from sales.
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