The company to evaluate is Treasury Wine Estates (ASX: TWE). On 15 February 2024, TWE announced their 2024 Interim results Download 2024 Interim resultswith Tim Ford (CEO) indicating 4 negative and 2 positive financial highlights relating to the first half of 2024 in the investor and analyst presentation Download investor and analyst presentation(p6 of 31). Using relevant accounting theory, referring to research evidence and economic consequences in the real world, evaluate the company's accounting position on inventory. You can use inventory policies for either the TWE group or for individual divisions within the TWE group e.g. Penfolds, TWE Americas. Take into consideration the international expansion and acquisitions and how they may impact the decisions made by investors and potential investors. Note: there are a number of inventory standards that may be relevant - please consider the most relevant accounting standard for the wine industry