Friday, January 20, 2012

Is there a standardized measurement of Retail Theft & Inventory shrinkage percentage? How do you calculate it?

When in Retail, theft and inventory shrinkage is ever present. How do I calculate this percentage? Do I make comparative analysis with other Retail outlets and where can I place this item on the balance sheet?Is there a standardized measurement of Retail Theft %26amp; Inventory shrinkage percentage? How do you calculate it?
There is no standard.

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