Control of Rocket and Ladlow Company. The manager of er department has suggested that the company invest in a by control system that would give the company the ability to perpetual inventory records. This functionality is not feasible e rend system. The purchasing manager also indicated that the to a perpetual inventory system would eliminate the need to predamy conduct physical inventory counts since perpetual inventory as would be updated every time a transaction is recorded. Required: As the Controller, what would your decision be regarding the investment in a new inventory system (Make sure to describe the rationale you would use to support your decision)? Also, please evaluate the statements made by the purchasing manager