(Answered) 1 identify how a 24 hour daycare uses inventory what are

Accounting

1. Identify how a 24 hour daycare uses inventory. What are three different inventories of products or supplies that the 24 hour daycare maintains?

2. What do you think is the total amount of inventory on average that is maintained in comparison to the annual income of the company?

3. What do you think are some key methods that 24 hour daycare could use to manage and track inventory, e.g. technology systems, and/or lean methods?

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