Participation Exercise #7: After viewing the advertising video below respond to the following question:
How would buying this company’s perpetual inventory system software benefit a merchandiser who was previously not using perpetual inventory system? Explain?
Participation Exercise #8: After viewing the video below respond to the following questions.
What additional information does the multi-step income statement provide that the single step does not? As an investor what line item(s) on the Income Statement would you be most interested in analyzing before making an investment decision?