Does the analysis and evaluation of a company's performance over time (lets say 3 or 5 years) be different depending on whether it is based on the Income Statement or the Balance Sheet? Yes, or No? How? (Must explain your answer).

Some vendors only use FOB shipping point and others FOB destination:

2. If you were selecting a vendor for your company and you use a perpetual inventory system, would you select a vendor for your purchases of merchandise that offers FOB shipping or FOB destination? Explain why

3. If you were selecting a vendor for your company and you use a periodic inventory system, would you select a vendor for your purchases of merchandise that offers FOB shipping or FOB destination? Explain why.