Use the internet to access the financial reports for JcPenny's during the years 2018 and 2019 to answer the following:

(Answers must be explained in detail )

ii. Identify the method or methods used by your company to value the inventories.

1. List the total dollar value of the inventory.

2. Compute the percentage of inventories to total assets.

c. List the Cost of Goods Sold and the Gross Profit.

i. Calculate the percentage of Cost of Goods Sold to Net Sales and the percentage of Gross Profit to Net Sales.

d. Analyze/assess/discuss your findings