Select a public company and locate their most recent annual report. Review the financial statements and related footnotes and answer the following questions. ( Use Apple company 10 k- 2019)

1. How does your company value its inventories (i.e., which inventory costing method(s) do they use)?

2. If your company reports its inventories in multiple line items, what are they? (Look at both Balance Sheet and Footnotes for this information.)

3. What is your companys Inventory Turnover and Average Days to Sell Inventory?