Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 42

Selecting an Inventory System
Year after year two huge supermarket chains- Publix Super Markets, Inc., and Safeway, Inc.- consistently report gross profit rates between 26 percent and 29 percent.ach uses a sophisticated perpetual inventory system to account for billions of dollars in inventory transactions.
a.iscuss reasons why these firms consistently report such similar and stable gross profit rates.
b.hat technologies make it possible for these retailing giants to use perpetual inventory systems