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PLS Help.. I need the answer really quickly

(This is my younger brothers Homework)

Explain why we need to store raw materials for future?

User Champe
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1 Answer

6 votes

Answer:

Inventory is considered one of the most important assets for a company. This is because inventory is indirectly a significant revenue source. On a balance sheet, the value of inventory is labeled as a current asset until the product is distributed and moved to cost of goods sold. Storing your packaging and raw materials is a priority for protection reasons but also for efficiency reasons. It is even more important if the company is international.

Step-by-step explanation:

u store raw materials so they don't rot, mold, etc.

User Eric Le Fort
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