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Briefly explain how (a) body movement, (b) physical appearance, (c) voice qualities, (d) time, (e) touch, and (f) space-territory are important nonverbal communication techniques in conveying messages to an audience.
Purchase Returns
Purchase returns involve goods sent back to the supplier, usually due to defects, inaccuracies, or dissatisfaction, resulting in a refund or credit.
Ending Inventory
The final value of goods available for sale at the end of an accounting period after all purchases and sales have occurred.
Gross Profit Method
An inventory estimation method used to estimate the cost of goods sold and ending inventory based on the gross profit margin.
Retail Inventory Method
An accounting method used in the retail industry to estimate inventory cost by relating the cost of merchandise and its retail price.
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