Go to the SEC Web site (www.sec.gov) Under “Fillings & Forms ( EDGAR)” click on “ search for company fillings” Click on “ Company or Fund, etc. “ Under Company Name, enter “ Boeing CO”(or under Ticker Symbol, enter “ BA”) Select 10-K FILED February 9, 2011.
A) What is the total for inventories at December 31, 2010?
B) Go to Note I, Summary of Significant Accounting Policies. Go to Inventories. Describe the inventory policy, consistent with industry practice, that is unique for this industry. How does this practice impact liquidity appearance?
