Current Attempt in Progress Suppose this information (in millions) is avallable for the Automotive and Other Operations Divisions of General Motors Corporation for a recent year. General Motors uses the LIFO inventory method. Calculate the inventory turnover and days in inventory, (Round answers to 1 decimal place, eg. 5.1.) The inventory turnover times Days in inventory days List of Accounts (b) Your answer is correct. Calculate the current ratio based on inventory as reported using LIFO. (Round answer to 2 decimal places, es. 5.12.) The current ratio based on inventory using LIFO 1 Calculate the current ratio alter adjusting for the UFO reserve. (Round aniwer to 2 decimal pleces es 5:12.3 The cuerent ratio after adjusting for the Lifo reserve