Using General Electrics (GE 2016) FORM 10-K

Describe the types of inventory held by the company. Does the company indicate its inventory management goals anywhere in the annual report?

Describe the inventory costing method that is used by this company (Footnotes). Why do you think this company chose this method rather than the other acceptable methods? Do you think its inventory costs are rising or falling?

https://www.sec.gov/Archives/edgar/data/40545/000004054517000010/ge10k2016.htm