Does using LIFO increase or decrease the value of inventory and the same for FIFO. Have the products purchased increase or decreased cost of goods sold over the years?
Explain how the company records revenue in accordance with GAAP.
Explain how much they invested in Pension and Post Retirement Medical Benefits Plan.
Is the company improving each year or not and why?
What you would do differently if you were the owner?
Explain the improvements you would make such as automation, outsourcing, or other means.
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