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Managing Business Inventory

MANAGING BUSINESS INVENTORY By Ayoade Apelegan WHAT IS INVENTORY MANAGEMENT? Inventory management is a part of supply chain management that focuses on having the right products in the right quantity for sale, at the right time. The goal of inventory management is to minimize the cost of holding inventory by helping business owners know when it’s time to replenish products…

Understanding Cashflow Statement & Importance

Understanding Cashflow Statement & Importance Cash flow is mostly related to financial accounting as it is statement. It is very crucial and important because it contains information needed for running a smooth business. Cash flow is also known as statement of cash flows, it is a financial statement section that shows how variations in statement of financial position and income statement affects cash and cash equivalents, it…

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