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Q: Does stock include customers goods
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What is a whole sale?

A wholesale dealer sells goods to retailers who sell the goods (stock) in their shops. A retailer is someone who sells the goods to members of the public - customers. Some wholesalers will also sell to the public - wholesale and retail.


Difference between cycle stock and safety stock?

Cycle stock and safety stock are both goods a company holds to supply to customers but the cycle stock is used for immediate orders while the safety stock is held to meet the fluctuations in demand. The two kinds of stock are usually stored in separate areas of a business.


What is meant by customers and who are customers?

the customers are the people who use the serives or goods


What constitutes cost of sales?

cost of sales i.e. cost of goods sold include opening stock, purchases, operating expenses and then deduct the closing stock.


Who are McDonald's customers?

Customers are people who purchase goods from McDonald's.


What is an example of an anticompetitive technique?

Anticompetitive techniques include: Buying out competitors Requiring customers to sign long-term agreements Compelling customers to buy products they do not want in order to receive other goods


For whom are the goods produced?

for customers


What does ex stock mean?

Offers for delivery of goods from stock are subject to such goods remaining unsold on receipt of order.


How to calculate the closing stock of finished goods?

annual cost of sales=1800000 opening stock of finished goods=60000 finished goods storage period:10 days assuming 360 days in a year, the closing stock of finished goods is=??


How do you calculate the gross income and cost of goods sold?

Cost of Goods Sold = Opening Stock + Purchasing - Ending Stock


Is inventory stock?

Stock inventory is the total items with the person who is doing business. Stock means the goods which are with one when one is selling items or goods. Inventory means all the goods including one's own assets.


What is stock inventory?

Stock inventory is the total items with the person who is doing business. Stock means the goods which are with one when one is selling items or goods. Inventory means all the goods including one's own assets.