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The sales journal is used to record all of the company sales on credit. Most often these sales are made up of inventory sales or other merchandise sales. Notice that only credit sales of inventory and merchandise items are recorded in the sales journal. Cash sales of inventory are recorded in the cash receipts journal.
Days sales outstanding is considered an important tool in measuring liquidity. In some sense it measures the balance between a company's sales efforts and collection efforts. If sales decreases in isolation DSO will increase indicating that may run into cash flow problems in future when the sales dip flows through the collection cycle.
Sales and operations planning (S&OP) is an integrated business management process through which the executive/leadership team continually achieves focus, ...
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$33,000, being "average daily sales for Los Angeles Store for year 2005" "Average daily sales" is a measurement that is stored in the fact table. The fact table also contains foreign keys from the dimension tables , where time series (e.g. dates) and other dimensions (e.g. store location, salesperson, product) are stored.
Same-store sales is a business term that refers to the difference in revenue generated by a retail chain's existing outlets over a certain period (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. [1]
While bridal sample sales are most common in early summer and late fall, some stores sell sample merchandise throughout the year and even online. [2] Sample sale websites are a new trend expanding upon the popular brick-and-mortar (B&M) sample sales that often occur in New York, Los Angeles, and other prominent locations. Sample sale sites are ...
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