A Lower Days' Sales in Inventory for Moonshine,Inc

question 80

Multiple Choice

A lower days' sales in inventory for Moonshine,Inc. ,when compared to other companies,indicates that it is ________.

• A)selling its inventory more quickly
• B)spending more on inventory storage
• C)incurring higher insurance costs
• D)holding excess obsolete inventory

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Definitions:

Revenue Management

The strategic use of pricing and inventory control to maximize revenue, commonly applied in sectors with fixed capacities, such as hotels or airlines.

Diploma Covers

Protective and presentational folders or cases used to hold and display diplomas.

Gross

Gross commonly refers to the total amount before any deductions are made, such as expenses, taxes, or discounts.

Black Market

Illegal trade of goods or services, typically to avoid taxes or regulations, or because the goods are illicit.