Q. Joe keeps only 5.5 days-of-supply of inventory on average because much of his inventory is live bait and micro-brew beer, both of which have a short shelf life. What is his annual inventory turns?
Q. Susan, CEO of United Group Ltd., reviews performance of her company in past month's Profit & Loss Statement to determine if company is on pace to meet planned sales and profitability goals. Susan is engaged in which of following managerial functions?