On which financial statement do you find Inventory? List the page number from the most recent Form 10-K where you found Inventory for your company. How much does the company have in Inventory at the end of the most recent fiscal year? Is this inventory dollar amount in thousands, millions, or billions?
On which financial statement do you find Cost of goods sold (or Cost of sales)? List the page number from the most recent Form 10-K where you found Cost of goods sold for your company. What was Cost of Goods Sold for the most recent year? Is this Cost of Goods Sold dollar amount in thousands, millions, or billions?
What cost flow assumption method(s) does the company use for its inventories? Where did you find this information?
Calculate the gross profit percentage for the company for the three most recent years. What does this ratio mean?
