1. Do an internet search and identify a company whose financial information you will be discussing( e.g....
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Question:
1. Do an internet search and identify a company whose financial information you will be discussing( e.g. Macys). Everyone needs to choose a different company.
(Post the URL where this financial information can be found).
2nd: Identify the inventory method used.
3rd: Why might the company utilize this inventory method?
4th: How does this method impact the 'reported net income'?
5th: Would you suggest another inventory method to the company that might be more effective in producing a different net income?
6th: Why or why not?
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