Choose a US public company that sells inventory (everyone needs to pick a different company). Review their most recent Annual R
Choose a US public company that sells inventory (everyone needs to pick a different company). Review their most recent Annual Report.
Questions
- What inventory costing method does the company use? Explain why you think the company uses this particular method?
- What might happen to the company’s income and inventory balance if they chose an alternative costing method? Be specific in your example.
- Does the company value their inventory at lower of cost or market (LCM)? If so, how does the company define market? What factors might it consider in deciding whether or not to write down its inventory?
- If the company does not use LCM, what method does the company use to value its inventory in consideration of possible inventory write-downs?
Initial post due by Thursday.
Remember to include at least one scholarly source in your post or comments. Source must be cited in-text and full reference listed at the end of the post, both in APA format.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
