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In accounting, the inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. It is calculated to see if a business has an excessive inventory in comparison to its sales level. The equation for inventory turnover equals the cost of goods sold divided by the average inventory.
Business letters can have many types of content, for example to request direct information or action from another party, to order supplies from a supplier, to point out a mistake by the letter's recipient, to reply directly to a request, to apologize for a wrong, or to convey goodwill. A business letter is sometimes useful because it produces a ...
An office chair, or desk chair, is a type of chair that is designed for use at a desk in an office. It is usually a swivel chair , with a set of wheels for mobility and adjustable height. Modern office chairs typically use a single, distinctive load bearing leg (often called a gas lift ), which is positioned underneath the chair seat.
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. [1] Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees. [2] "
Office supplies are typically divided by type of product and general use. Some of the many different office supply products include Blank sheet paper: various sizes from small notes to letter and poster-size; various thicknesses from tissue paper to 120 pound; construction paper; photocopier and inkjet printer paper;
EN 1335 Office furniture – Office work chair: This European standard sets requirements for office chairs, focusing on ergonomics and comfort to promote user well-being and productivity. ANSI/BIFMA X 5.1 Office Seating: This American National Standard, published by the Business and Institutional Furniture Manufacturers Association (BIFMA ...
External turnover, on the other hand, refers to cases in which the worker and employer separates, whether voluntary or involuntary. [9] Skilled vs Unskilled turnover: uneducated and unskilled employees often have a high turnover rate, and they can generally be replaced without the organization or company suffering a loss of performance. The ...
A swivel, swivelling, spinny, or revolving chair is a chair with a single central leg that allows the seat to rotate 360 degrees to the left or right. A concept of a rotating chair with swivel castors was illustrated by the Nuremberg noble Martin Löffelholz von Kolberg in his 1505 technological illuminated manuscript , the so-called Codex ...