Question

Why is invenotry an important item for both internal

Answer 1

Step-by-step explanation:

inventory represents a significant amount of the resources available to the business. on the income statement, inventory exerts a direct impact on the amount of income so this is the reason inventory is an important item for both internal

and also IT CAN HELPS YOU TO KEEP TRACK OF ALL YOUR SUPPLIES AND DETERMINE THE EXACT PRICES.

Answer 2

represents a significant amount of the resources available to the business.

Step-by-step explanation:

Inventory often is one of the largest amounts listed under assets on the balance sheet which means that it represents a significant amount of the resources available to the business.