Examine the financial statements for Wendys and Reebok in the appendices. Read Note 1 for each firm.Identify

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Examine the financial statements for Wendy’s and Reebok in the appendices.

Read Note 1 for each firm.Identify the inventory valuation method used by each.

Do these methods seem appropriate for each firm? Why? Examine the relative amount of inventories reported by each firm.Why would one firm have much larger inventories than the other? Why is it reasonable to expect such differences? E-967

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Financial Accounting Reporting And Analysis

ISBN: 9780324149999

6th Edition

Authors: Earl K. Stice, James Stice, Michael Diamond, James D. Stice

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