CALCULATOR FULL SCREEN PRINTER VERSION BACK N Problem 6-07A a-c Suppose this information (in Millions) is available for the Automotive and Other Operations Divisions of General Motors Corporation for a recent year. General Motors uses the LIFO inventory method Beginning inventory Ending inventory LIFO reserve Current assets Current abilities Cost of goods sold Sales revenue $13,921 14,939 1,423 60,135 70,308 166,259 178,199 Calculate the inventory turnover and days in inventory (Round answers to 1 decimal place, ... 5.1.) The inventory turnover times Days in inventory SHOW LIST OF ACCOUNTS Calculate the current ratio based on inventory as reported using LIFO. (Round answer to decimal places, eg. 5.12.) The current ratio based on inventory using LIFO SHOW LIST OF ACCOUNTS TVP 2000-2020 Sohn Wrex on Inc. All Rights Reserved. A Division WG Version 4.24.200 SHOW LIST OF ACCOUNTS Calculate the current ratio based on inventory as reported using LIFO. (Round answer to 2 decimal places, e.g. 5.12.) The current ratio based on inventory using LIFO :1 SHOW LIST OF ACCOUNTS Calculate the current ratio after adjusting for the LIFO reserve. (Round answer to 2 decimal places, e.g. 5.12.) The current ratio after adjusting for the LIFO reserve :1 Click if you would like to Show Work for this question: Open Show Work