EMERSON ELECTRIC COMPANY

https://hsprod.investis.com/shared/v2/irwizard/sec_item_new.jsp?epic=emerson_electric1&ipage=11238881&DSEQ=&SEQ=&SQDESC=

Read the Notes to the Financial Statements (FS) for your SEC 10-K company.  These “notes” are displayed after the financial statements.

1. Inventory comments: costing information.  What do you see? WIP?

2. Inventory:  How is inventory described for your SEC 10-K company?  LIFO, FIFO, and / or average cost? Relate your answer to topics in our course.

3. Cost and sources for production materials:  notice how cost is used in the SEC 10-K

4. Challenges and opportunities you see as you relate our current textbook topics to your company.  Details are high level in the SEC 10-K but organizations rely on Cost Accounting.

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