What are inventories
1 Answer(s)
Binny
Companies that make tangible products - such as food, machinery, automotive, steel etc - store raw materials needed to make these products. These raw materials are generally referred to as inventories.
For example a company that makes pizza will have vegetables, cheese, oil etc as inventory. A company that makes computers will have monitors, hard drives etc as inventories.
() are generally used to denote negative numbers. Could you please point out where you saw those, so I can make sure its the right interpretation.
Oct 11 2013 11:53 AM
For example a company that makes pizza will have vegetables, cheese, oil etc as inventory. A company that makes computers will have monitors, hard drives etc as inventories.
() are generally used to denote negative numbers. Could you please point out where you saw those, so I can make sure its the right interpretation.