How to Use the Slope Intercept Formula to Calculate the Annual Increase of Inventory?
The way to use the slope intercept formula to calculate the annual increase of inventory is to view the trends of the inventory. By using the slope and intercept combined with the fixed assets, it will show the trend for the year. The assets should be monitored on a monthly basis.
The word inventory doen't have the same mening in the USA and in the UK :
* In American English and in a business accounting context, the word inventory is commonly used to describe the goods and materials...