Examlex
What is an aggregate? How is it used in macroeconomics? Give two examples of specific aggregates that are used in the study of macroeconomics.
Net Sales
The amount of revenue generated from goods or services sold after deducting returns, allowances for damaged or missing goods, and discounts.
Days In Inventory
A financial ratio that indicates the average number of days a company holds inventory before selling it.
Inventory Turnover
A financial metric that measures the number of times a company sells and replaces its stock of goods during a particular period.
Financial Statements
Official records that detail the financial activities and position of a business, individual, or other entity.
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