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Dana Produces Fine Chocolates for Her Retail Shop Which Is

question 110

Essay

Dana produces fine chocolates for her retail shop which is open 6 days a week.The sales are R156 000 annually with a cost of goods sold of 45% of sales and inventory of 5%.Calculate the days in inventory and indicate any concerns for the shop considering the national average is 15 days.


Definitions:

Prolactin

A hormone produced by the anterior pituitary gland that stimulates milk production in mammals.

Pituitary Gland

A small, pea-sized gland located at the base of the brain, critical in controlling growth, metabolism, and reproductive functions.

Ventral Body Cavity

The front portion of the body cavity that houses internal organs, including the thoracic and abdominopelvic cavities.

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