Posted: October 20th, 2022
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Choose a publicly traded merchandising company and find their most recent 10-K on the SEC website Links.
Review the notes to the financial statements regarding inventory.
In this post you will identify the type of inventory system they use and discuss any other notes regarding merchandising
inventory.
Next, using the Statement of Operations (Income Statement) determine what the gross profit percentage is for
this organization.
One source is required which is the Financial Statement for the Merchandising Company found on the SEC website: https://www.sec.gov/edgar/search-and-access
Discussion Rubric attached
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