Discussion: Accounting for Inventories (20 points) As a financial accountant, determine the best type of income statement a retailer should use. Defend your suggestion.  o Analyze the different

• Discussion: Accounting for Inventories (20 points)
  • As a financial accountant, determine the best type of income statement a retailer should use. Defend your suggestion. 

o Analyze the different inventory valuation methods discussed in the textbook. Based on your analysis, recommend the most accurate valuation method that reflects current economic conditions. Provide a rationale for your recommendation.