answer questions using BMW SEC REPORT 10-K (ANUAL REPORT). ABOUT BMW, through years 2018-2020, you can find the data by looking up BMW SEC REPORT ONLINE

II. Analyzing Inventories On individual basis, each team member should write a short report answering the following questions about the selected company. 1. If your company lists inventories in its balance sheet, what percentage of total assets does inventories represent for each of the last three years? 2. If your company lists inventories, what inventory costing method is applied to U.S. inventories? 3. Ratio analysis a. What does the inventory turnover ratio measure in general? b. If your company reports inventories, compute the ratio for the last three years. c. What do your results suggest about the company? d. If available, find the industry ratio for the most recent year, compare it to your results, and discuss why you believe your company differs or is similar to the industry ratio. II. Analyzing Inventories On individual basis, each team member should write a short report answering the following questions about the selected company. 1. If your company lists inventories in its balance sheet, what percentage of total assets does inventories represent for each of the last three years? 2. If your company lists inventories, what inventory costing method is applied to U.S. inventories? 3. Ratio analysis a. What does the inventory turnover ratio measure in general? b. If your company reports inventories, compute the ratio for the last three years. c. What do your results suggest about the company? d. If available, find the industry ratio for the most recent year, compare it to your results, and discuss why you believe your company differs or is similar to the industry ratio