Walmart, Inc. is evaluating its inventory management for the quarter ending June 30, 20X9. The

following data is provided:

● Cost of Goods Sold (COGS): $40,000,000

● Beginning Inventory: $8,000,000

● Ending Inventory: [Calculation 9]

● Average Inventory Turnover: [Calculation 10]

Calculate the following:

a) Ending Inventory b) Inventory Turnover Ratio c) Days Sales of Inventory (DSI) d) Gross Profit

Percentage