5-1 a through c please HELP URGENT!!!! all A THROUGH C

Sales $1,884,000 $1,562,000 Total assets: Beginning of year 770,000 650,000 End of year 800,000 770,000 a. Determine the asset turnover ratio for 20Y3 and 20Y2. b. Is the change in the asset turnover ratio from 20Y2 to 20Y3 favorable or unfavorable? EX 5-1 Determining gross profit obj During the current year, merchandise is sold for $8,100,000. The cost of the goods sold is $4,698,00 a. What is the amount of the gross profit? b. Compute the gross profit percentage (gross profit divided by sales). c. Will the income statement always report a operating income? Explain. EX 5-2 Determining cost of goods sold Ob For a recent year, Best Buy (BBY) reported sales of $39,528 million. Its gross profit was $9, million. What was the amount of Best Buy's cost of goods sold