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kindly assist REQUIRED Calculate the rate of inventory turnover from the information provided below. (4 marks) INFORMATION The following figures were supplied by Ross Stores

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REQUIRED Calculate the rate of inventory turnover from the information provided below. (4 marks) INFORMATION The following figures were supplied by Ross Stores for 2022: 2.3 REQUIRED Determine the value of inventory as at 31 October 2022 and gross profit for October 2022 from the information supplied below. Prepare an extract of the Statement of Comprehensive Income to present your answer. (7 marks) INFORMATION You are provided with the inventory record of Compuman, which sells laptops, for the month ended 31 October 2022. The business uses the specific identification method to value inventories. Inventory record for laptops for the month ended 31 October 2022: Note: The purchase price was unchanged during October 2022. The purchase prices above exclude carriage on purchases of R100 for each laptop

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