Prepare a PowerPoint slideshow on the advantages and disadvantages of each of the periodic and perpetual inventory systems.

• Merchandising Operations and Inventory Systems
• Recording Purchases under a Perpetual System
• Recording Sales under a Perpetual System
• Multiple-Step and Comprehensive Income Statements
• Cost of Goods Sold under a Periodic System
• Gross Profit Rate and Profit Margin
• Classifying and Determining Inventory
• Inventory Methods and Financial Effects
• Inventory Presentation and Analysis

Please include references used. Thank you!