Answer the following questions.
a. Refer to the balance sheets for Westjet and Danier in Appendix II at the end of the textbook. Both balance sheets include Inventory. Explain how Inventory is unique for each of these companies.
b. What method does Danier use to value its inventory? (Refer to the notes to Danier's financial statements in Appendix II at the end of the textbook.)
c. Inventory is classified on Danier's balance sheet as what type of asset?