--cfisd.hcde-texa.. Exam 1 - PSYC-23... Lone Star College... Pearson Sign In Connect - To Do A... thods-pdf chap6.pdf 1/1 How could the different inventory costing methods used by Best Buy, Amazon, and Target impact their respective income statements and balance sheets? Three retailing giants, Best Buy Co., Inc. (NYSE: BBY), Amazon.com, Inc., (NASDAQ:AMZN), and Target Corporation (NYSE: TGT) each use a different inventory costing method. Best Buy uses weighted- average cost, Amazon uses FIFO, and Target uses LIFO. Here is a hypothetical example that highlights the potential differences in income statements and balance sheets that could arise simply because of the use of a different inventory costing method. --cfisd.hcde-texa.. Exam 1 - PSYC-23... Lone Star College... Pearson Sign In Connect - To Do A... thods-pdf chap6.pdf 1/1 How could the different inventory costing methods used by Best Buy, Amazon, and Target impact their respective income statements and balance sheets? Three retailing giants, Best Buy Co., Inc. (NYSE: BBY), Amazon.com, Inc., (NASDAQ:AMZN), and Target Corporation (NYSE: TGT) each use a different inventory costing method. Best Buy uses weighted- average cost, Amazon uses FIFO, and Target uses LIFO. Here is a hypothetical example that highlights the potential differences in income statements and balance sheets that could arise simply because of the use of a different inventory costing method