see attachment/week 6 discussion

Use the Internet to research the annual report of at least three (3) merchandising companies. Determine the costing method (LIFO, FIFO, and weighted average) that is used to record inventory.

Using the internet search above, identify the primary benefits in using the costing method (LIFO, FIFO, and weighted average) that is used to record inventory. Explain at least three (3) reasons that would lead each of your chosen companies to switch to a different costing method.

Identify at least three (3) risks and three (3) benefits of using the perpetual inventory management system. Discuss the main types of inventory errors that could occur using the perpetual inventory system, and the major impact to the balance sheet and income statement. Provide specific examples