please use Cisco Systems inc 2020 annual report. of year 2020

Question 1 Cisco's cost of inventories sold during the most recent reporting period was (in millions): a. $14,481 b. $1,282 c. $13,199 d. $35.978 Question 2 The amount Cisco received from inventories sold during the most recent reporting period was (in millions): a. $35,978 b. $13,199 c. $1,282 d. $14,481 Question 3 What percent of Cisco's total revenue became gross profit in the most recent reporting period? a. 156% b.4% C. 2896 d. 64% Question 4 Cisco's inventories between the last two balance sheet dates. a. increased b. decreased c. stayed the same d. cannot be determined Question 5 Cisco's total investment in inventories at the most recent reporting period was (in millions): a $1,383 b. $13,199 c. $14,582 Md. $14,481 Question 6 Cisco's cost of goods purchased for the most recent reporting period was (in millions): a. $13,098 b. $14,481 c. $11,917 d. $1,282 Question 7 Cisco inventories are stated at lower of cost: a, or market b.or net realizable value c. and FIFO d. and LIFO Question 8 Which cost flow assumption does Cisco use to value inventories? a. Average cost b. moving average cost c. FIFO d.LIFO Question 9 Assuming increasing prices, Cisco cost flow assumption results in same amount net income than if Cisco used LIFO. more less cannot be determined Question 10 Assuming increasing inventory prices, Cisco cost flow assumption results in total assets than if Cisco used average cost. more less the same amount cannot be determined