a. What is the major inventory for the two companies? What is the relative size of inventory over total currents and over total assets for the two companies? Make a brief comparison. b. Compare the two companies' inventory cost methods. What is LIFO reserve? Are there any LIFO reserve for the two companies? c. Compute and compare the two companies' inventory turnover and days inventory outstanding. 2. Tangible assets a. Compute and compare the two companies' relative size of PPE over total long-term assets and over total assets. b. Compute and compare the two companies' PPE turnover c. Compare the two companies' depreciation policies. Do they differ markedly? a. list the maior inventory and then fill in the rest of cells ( 2pts ) b. Check/choose inventory methods used by the two companies (1pt) Use one sentence to briefly explain what LIFO rerserv is (1pt): Choose/check which company have LIFO reserve (1pt) 24 c. fill in cells regarding inventory turnover and days inventory outstanding(fpts) a. What is the major inventory for the two companies? What is the relative size of inventory over total currents and over total assets for the two companies? Make a brief comparison. b. Compare the two companies' inventory cost methods. What is LIFO reserve? Are there any LIFO reserve for the two companies? c. Compute and compare the two companies' inventory turnover and days inventory outstanding. 2. Tangible assets a. Compute and compare the two companies' relative size of PPE over total long-term assets and over total assets. b. Compute and compare the two companies' PPE turnover c. Compare the two companies' depreciation policies. Do they differ markedly? a. list the maior inventory and then fill in the rest of cells ( 2pts ) b. Check/choose inventory methods used by the two companies (1pt) Use one sentence to briefly explain what LIFO rerserv is (1pt): Choose/check which company have LIFO reserve (1pt) 24 c. fill in cells regarding inventory turnover and days inventory outstanding(fpts)