Question: https://fortune.com/global500/2020/search/ Go to the link provided and choose TWO manufacturing companies that are in the same industry and are from the USA. Find the financial
https://fortune.com/global500/2020/search/
Go to the link provided and choose TWO manufacturing companies that are in the same industry and are from the USA. Find the financial statements for the most recent annual report (or 10K).
1. List the names of the companies.
2. What is the amount of current assets and what percentage do they represent of total assets?
3. What is the amount of inventories and what percentage do they represent of current assets and of total assets?
4. Do you have more than one kind of inventory? For example, Raw Material, Goods in Process, Finished Goods. How many do they have of each class?
5. What method (s) do you use to value inventories?
6. What percent does Cost of Goods Sold represent of net sales?
7. Read the inventory note and list any information that you found particularly important.
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