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QUESTION

Determine the following information with the attached 10-K: What is the net inventory balances at January 29, 2011? What is the replacement cost of

Determine the following information with the attached 10-K:

  1. What is the net inventory balances at January 29, 2011?
  2. What is the replacement cost of inventory at January 29, 2011?
  3. Why do you think the inventory balance is lower than the replacement cost?

https://www.sec.gov/Archives/edgar/data/56873/000110465911017372/a11-2299_110k.htm

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