The questions require the SEC 10K from the company Chevron.
SEC 10K Link: https://www.sec.gov/Archives/edgar/data/93410/000009341017000013/cvx-123116x10kdoc.htm
1. How can I summarize the companies inventories during year 2016. I would be looking at things like Work in Progress and Costing Information.
2. What type of inventory is used by this company? Examples include First in First out, Last in First out, or average cost.
3. What type of costs the company has for production materials, and also what its sources are.
4. Do you think that this company will face any future challenges? (they could be anything)?
For each question can you please provide the page number that you obtained the information from. You can write the page number at the end of the answer like this (pg. 1). This will help me go back and better understand how to answer the questions.