Janel

Average Age of Inventory.

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The average age of inventory is a measure of the average time that inventory items are held by a company. The average age of inventory is calculated by dividing the number of days in a period by the number of inventory turns. The average age of inventory is a useful metric for managing inventory levels … Read more

What Is a Shell Lease?

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A shell lease is a type of real estate lease in which the tenant leases a property that is not yet built or finished. The tenant generally agrees to pay for the construction of the property and assume responsibility for its maintenance once it is completed. Shell leases are often used by businesses that need … Read more