THE SHERWIN-WILLIAMS COMPANY
SEC 10-K: https://www.sec.gov/ix?doc=/Archives/edgar/data/89800/000008980021000010/shw-20201231.htm
Respond to each question below:
1. Inventory disclosures: 75 words or more for each question
1a. Are there any disclosures about raw materials, WIP inventory, Finished Goods inventory levels?
1b. How is inventory described for your SEC 10-K company? Relate your answer to topics in our course.
1c. Report on any costing information such as inventory valuation methods–LIFO, FIFO, and/or average cost.
1d. Comment on supplemental information provided related to inventory for your SEC 10-K company.
2. Cost and sources for production materials: Notice how cost is used in the SEC 10-K.
3. Briefly provide an overall SWOT (strengths, weaknesses, opportunities and threats) analysis for your manufacturing corporation as related to cost accounting-related topics. Although details are high level in the SEC 10-K filing, what do you learn related to operations and strategy?
(NOTE: Take care with the concept of $ dollars. Many financial statements are expressed in millions of $. You would report $895 million for the value $895,000,000. Be a very careful reader.)
—-
SHERWIN-WILLIAMS CORPORATION
https://www.sec.gov/ix?doc=/Archives/edgar/data/89800/000008980021000010/shw-20201231.htm SEC 10-K: https://www.sec.gov/ix?doc=/Archives/edgar/data/89800/000008980021000010/shw-20201231.htm
Answer the following questions:
1. Inventory disclosures: each question should be 75 words or more.
1a. Are there any disclosures about raw materials, work in progress inventory, and finished goods inventory levels?
1b. How does your SEC 10-K company’s inventory get described? Relate your response to the subjects covered in our course.
1c. Provide costing information such as inventory valuation methodologies (LIFO, FIFO, and/or average cost).
1d. Provide feedback on the supplemental inventory information provided for your SEC 10-K corporation.
2. Cost and sources for production materials: Notice how cost is used in the SEC 10-K.
3. Briefly provide an overall SWOT (strengths, weaknesses, opportunities and threats) analysis for your manufacturing corporation as related to cost accounting-related topics. Although details are high level
