Use the Internet to research the annual report of at least one (1) merchandising company. For…

Use the Internet to research the annual report of at least one (1) merchandising company. For example, while you cant use this one, here is one from Walmart. Determine which costing method (Last In First Out [LIFO], First In First Out [FIFO], or weighted average cost) is used to record inventory by your selected company. Share three (3) advantages and three (3) disadvantages of using the type of costing method (LIFO, FIFO, and weighted average) that the company has implemented. Below is the link to an interesting article on how to get the best bargain when making financial decisions.