Using the company you have chosen for your annual report project, obtain the company's most recent 10K (Annual Report) and locate the balance sheet and 'Notes to the Financial Statements' to answer the following questions:

1. What types of items are included in the company's inventory?
2. What is the value of the inventory for the most current year? The previous year?
3. What inventory method or methods does the company use to determine the inventory amount reported on its balance sheet?
4. What percentage of total assets is the company's inventory for the current year? The previous year? Did this number go up or down? Why?