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The inventory footnote from the dow chemical company's first quarter 2 0 1 9 sec report follows. The company also reports cost of goods sold

The inventory footnote from the dow chemical company's first quarter 2019 sec report follows. The company also reports cost of goods sold for q1 of 2019 of 10,707 million. A. What inventory costing method does dow chemical use? As of q1 of 2019 what is the effect on cumilative pretax income and cash flow of using this inventory costing method, assuming a 30% average cumulative tax rate. B. Compute inventory turnover and average days inventory outstandinf for q1 of 2019. C. Determine the fifo values for inventories and cost of goods sold for q1 of 2019.

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