A common application for using a commercial year can be found in the retail sector. If a manager wishes to understand changes in the revenues of stores from month to month, using a calendar year may obscure economic reality. For example, sales for January could be higher than sales in February simply because there are more days in January than in February. Thus, a manager would prefer to see results in 30 day increments to evaluate the true extent of any change in business.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
commercial year — Fin an artificial year treated as having 12 months of 30 days each, used for calculating such things as monthly sales data and inventory levels … The ultimate business dictionary
Commercial sexual exploitation of children — (CSEC) constitutes a form of coercion and violence against children and amounts to forced labour and a contemporary form of slavery. A declaration of the World Congress against Commercial Sexual Exploitation of Children, held in Stockholm… … Wikipedia
Commercial Township, New Jersey — Township Commercial Township highlighted in Cumberland Count … Wikipedia
Commercial Crew Development — Commercial Crew Program logo Commercial Crew and Cargo … Wikipedia
Commercial fishing in Alaska — Commercial fishing is a major industry in Alaska, and has been for hundreds of years. Alaska Natives have been harvesting salmon and many other types of fish since the early 17th century. Russians came to Alaska to harvest its abundance of… … Wikipedia
Commercial Radio Hong Kong — Type Private Industry Radio broadcasting webcasting Founded 1959 Headquarters … Wikipedia
Commercial paper in India — is a new addition to short term instruments in Indian Money market since 1990 onward. The introduction of Commercial paper as the short term monetary instrument was the beginning of a reform in Indian Money market on the background of trend of… … Wikipedia
Commercial Television — (Chinese: 佳藝電視) was the third free to air broadcast television station in Hong Kong. It first went on air in 1975, and ceased transmissions in 1978.HistoryIn 1973, the Hong Kong Government decided to issue licenses for additional terrestrial… … Wikipedia
Commercial Press — Industry Publishing Founded 1897 Headquarters Beijing, China … Wikipedia
Commercial Bank of Ceylon — Type Public company Industry Finance Founded 1920  Headquarters … Wikipedia