Use the internet to access the financial reports forKohl'sandMacy'sduring the years2018and2019to answer the following:

(must discuss findings for each point)

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