Discussion Post
Inventory is a critical asset for retailers. Retail firms are at risk that their inventory will become obsolete.
a) What does obsolete mean?
b) Talk with a local retailer in your area and tell us about what they say they do to minimize this risk?
c) Describe how they should account for the loss from that obsolescence.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.