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    Financial Statements for Merchandiser/Retailer

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    Find recent financial statements for a merchandiser/retailer or manufacturer and discuss what is find in the financial statements and footnote disclosures as to the types of inventory they hold and how they account for those inventories.(Remember http://www.reportgallery.com/ or http://www.sec.gov/edgar.shtml or http://finance.yahoo.com .) [Please provide a link to your source, especially so I may can go back to it if I would like more information or details.]

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    Solution Preview

    Hi there,
    <br>
    <br>I chose to look at Dell. Here is the link:
    <br>
    <br>http://www.edgar-online.com/bin/irsec/finSys_main.asp?dcn=0000950134-04-005058&x=110&y=19
    <br>
    <br>The only thing that I could find in the notes to the financial statements was the following under Note 1:
    <br>
    <br>Inventories - Inventories are stated at the lower of cost or ...

    Solution Summary

    This question involves the fundamentals of financial statements

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