Examlex
Which of the following is most acceptable for business writing?
Sales Commissions
Payments made to sales personnel based on the amount of sales they generate, often calculated as a percentage of the sale price.
Days' Sales In Inventory
Days' sales in inventory is a financial metric that indicates the average time it takes for a company's inventory to turn into sales, reflecting inventory management efficiency.
Merchandise Inventory
Merchandise inventory refers to the products a company has available for sale to customers at any given time.
Balance Sheet
The balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time, offering insights into its financial health.
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