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.
hearing a part of a court case with the judge present during which some essential matters are considered. HEARING, chancery practice. The term, hearing is given to the trial of a chancery suit. 2. The hearing is conducted as follows. When the cause is called on in court, the pleadings on each side are opened in a brief manner to the court by the junior counsel for the plaintiff; after which the plaintiff's leading counsel states the plaintiff's case, and the points in issue, and submits to the court his arguments upon them.