Select a company in your pathway that maintains an inventory. Don’t use a company that someone has already used. put the company’s name as the subject of your post.
Access a recent (less than 12 months) annual 10-K report for the company using the SEC Edgar search tool or Yahoo or Google finance. Review the report and in and in a minimum of three paragraphs, tell us the following:
- When the report was filed and the time period it covers, indicating specific dates.
- What are the company’s major product lines?
- What inventory methods do they use? (Hint: see the Notes of the financial statements)
- List the major components of the inventory and their values.
- Include two other items that you found interesting about the financial statements.
Sample Solution