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***********write in your own words please************ D. Describe the type of valuation method that IKEA uses and explain why it uses this method. i. What

***********write in your own words please************

D. Describe the type of valuation method that IKEA uses and explain why it uses this method.

i. What are the benefits of this method?

E. Based on industry trends, future plans of your company, and the information you have gathered, predict how your company will perform in the following year compared to competitors.

Several items reported in the financial statements are valued differently. The main considerations here are related to Inventory Valuation, and Valuation of Investments. Are there any other valuation methods used to report items in the financial statements that you should discuss?

Discuss Ikea, your major competitors, and any information gleaned from the Management Discussion and Analysis (MD&A) to respond to the last critical element for this milestone.

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