Inventory is a blanket term used to describe the goods that a business sells. For example, a car dealership's inventory consists of the cars that the dealership sells. A bakery's inventory consists of ...

Subtracting your expenses from your income gives you your bottom-line financial profit but doesn't tell you how you're doing in different areas and how you can improve your operations. You should ...

The number of times a business sells and replaces its stock over a given time period is its inventory turnover ratio. The inventory turnover ratio, also sometimes called stock turns or inventory turns ...