Seasonal inventory is inventory that is built up to counter predictable variability in demand

What is net realizable value? How is net realizable value affected when a receivable is written off under the allowance method?

What will be an ideal response

Which of the following courses of action is best suited for a company in the event of the sales of

its product dropping by a marginal amount? A) arranging for a backup partner B) investigating new markets C) repositioning or pulling the existing off the market D) conducting customer survey and using feedback for future forecasts