What would you expect these companies to have

Reference no: EM133610311

Question: Navigate to Nestle and Hershey Chocolate Company's most recent annual report on their websites at Investor Relations. Please answer the following questions:

What would you expect these companies to have for raw materials, work in process, and finished goods?

What inventory cost flow assumption(s) does each company utilize? Do you feel this works with their business?

Compute "inventory turnover" and "days sales in inventory" for each company. Which company do you feel is managing their inventory better? Why?

Reference no: EM133610311

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