Retailers often use the retail inventory method to value inventory. In most retail businesses, you can see a clear pattern between the cost of products and their retail price. This enables retailers to convert retail prices to cost for inventory valuation purposes. To calculate the final cost of the inventory using this method, calculate the cost-to-retail ratio for a specific year and multiply the ending inventory retail value by this ratio. Significance Retail businesses can use the projected retail cost to value the inventory.
Defining meal support/supervision. Meal support is a form of emotional support provided. to a person struggling with an eating disorder before, during and after meals and snacks in an effort to. increase the struggling personâs success with. meal/snack completion. (Leichner 2005)
In addition, minors must be given at least a 30-minute meal period, beginning no later than five hours and one minute after the minor reports for duty. This meal period can be unpaid as long as the minor is completely relieved of all duties. While 14- and 15-year-olds must always be relieved of all duties during the meal period, 16- and 17-year-olds may work through the meal period when business conditions require it, if they are paid for the meal period.