Strategy: The number of daysâ sales in inventory represents the number of days that the company takes to turn inventory into a sale. Companies prefer this number to be low. To calculate the number of daysâ sales in inventory, Fnd the average inventory by averaging the beginning and ending inventory. To calculate the average daily cost of merchandise sold, divide the cost of merchandise sold by the number of days in the year.
Definitions for hearer. Here are all the possible meanings and translations of the word hearer. Princeton's WordNet(0.00 / 0 votes)Rate this definition: hearer, listener, auditor, attender(noun) someone who listens attentively.
A hearing, along with notice, is a fundamental part of procedural due process. Hearings are also held, as for example by a legislature or an administrative agency, for the purpose of gathering information and hearing the testimony of witnesses. administrative hearing : a hearing conducted by an official (as an administrative law judge) or a body (as a review board) of an administrative agency regarding an agency action and esp. an action under dispute