Accounting Discussion Post
Organizations utilize at least one inventory method (FIFO, LIFO, or weighted-average) to calculate their cost of goods sold and ending balance of inventory. Find an article that discusses a business that utilizes one of the three inventory methods or provide a real-life example. Then, share with the class the selected example's inventory method and the method's characteristics. Go to at least two other colleagues' posts that present the other type of basic accounting method and share the differences between your selected example's method and the colleague's selected example's method.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.