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PLEASE HELP ME ANSWER THESE 2 Question 4 Take me to the text Not checked GB, a bookseller, had the following transactions during the month

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PLEASE HELP ME ANSWER THESE 2

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Question 4 Take me to the text Not checked GB, a bookseller, had the following transactions during the month of May 2019 and uses the perpetual inventory system. Marked out of 2.00 Date Transaction Purchases Sales Balance Flag Quantity Cost Quantity Cost Quantity Cost question May 1 May 1 Bought 12 novels at $38 each. 12 $38 12 $38 May 3 Bought 22 bags at $43 each. 12 $38 22 $43 22 $43 May 7 Sold 9 novels. 9 $38 $38 22 $43 May 15 Bought 23 pencil cases at $6 each. $38 22 $43 23 $6 23 May 24 Sold 6 bags. $38 6 $43 16 $43 23 Required The company uses the specific identification cost method for inventory valuation. Calculate the cost of goods sold, and the value of ending inventory for May. Do not enter dollar signs or commas in the input boxes, Cost of Goods Sold = $ Ending Inventory = $Question 5 Take me to the text Not checked Tanner Radio Company has an inventory turnover ratio of 3.8, while its competitor, ECI Radio, has an inventory turnover ratio of 4.4. Calculate the inventory days on hand for both companies. Marked out of 2.00 Do not enter dollar signs or commas in the input boxes, V Flag Round your answers to the nearest whole number. question Company Inventory Days on Hand Tanner Radio Company ECI Radio

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