What Are Inventories? Essay

What Are Inventories Essay Inventories constitute the most significant part of current assets of a large majority of firms situated throughout the world On an average, inventories are approximately sixty percent of current assets in public limited companies as well as in certain organizations where the inventory management is found to be very poor On account of the large size of inventories maintained by the firms, a considerable amount of funds are required to be committed in them and it is, therefore, absolutely imperative to manage the... more