$!$

Required information

$[$The following information applies to the questions displayed below.$]$

During $2024,$ Noval Company sells $232$ units of inventory for $$100$ each. The company has the following inventory

purchase transactions for $2024.$

Required:

Calculate ending inventory, cost of goods sold, and gross profit for $2024,$ assuming the company uses LIFO with a periodic inventory

system. $($Input all values as positive values.$)$ Required information

$[$The following information applies to the questions displayed below.$]$

During $2024,$ Noval Company sells $232$ units of inventory for $$100$ each. The company has the following inventory

purchase transactions for $2024.$

To comply with IFRS, the company decides to instead account for inventory using FIFO. Calculate ending inventory, cost of goods

sold, and gross profit for $2024.($Input all values as positive values.$)$Required information $[$The following information applies to the questions displayed below.$]$ Income statements and balance sheets data for Virtual Gaming Systems are provided below. $!$ Required information $[$The following information applies to the questions displayed below.$]$ Calculate the following profitability ratios for $2024$ and $2025$: $($Round your answers to $1$ decimal place.$)$