Exercise 5-11 Comparing LIFO numbers to FIFO numbers; ratio analysis LO A1, A3 Cruz Company uses LIFO for inventory costing and reports the following financial data. It also recomputed inventory and cost of goods sold using FIFO for comparison purposes. $200 Year 1 $190 760 215 820 310 LIPO inventory LITO cost of goods sold FIFO inventory FIPO cost of goods sold Current assets using LIPO) Current assets using PIYO) Current liabilities 270 170 150 1. Compute its current ratio, inventory turnover, and days' sales in inventory for year 2 using () LIFO numbers and (b) FIFO numbers. (Round your answers to 1 decimal place.) (a) Compute its current ratio. Inventory turnover, and days' sales in Inventory for year 2 using LIFO numbers Numerator Denominator - Ratio Current Inventory mover Days' sales in inventory (1) Compute its current ratio, inventory turnover, and days' sales in Inventory for year 2 using FIFO numbers Numerator Denominator - Ratio Currento Inventory mover Day was in