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3 Using the above information calculate United's ending inventory and gross 4 Using the above information calculate United's ending inventory and gross profit for September

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3 Using the above information calculate United's ending inventory and gross 4 Using the above information calculate United's ending inventory and gross profit for September assuming they use the weighted average cost flow assumption. 5 Fancy Textiles Corp. had cost of goods sold the year of $9,504,027. Inventory at the end of this year and last was $3,845,610 and $4,122,845, respectively. Last year's inventory turnover rate was 2.13 . Is the turnover rate for this year improved? 6 Using the Fancy Textiles data from 5 above, calculate their days sales in inventory

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