Question: The table below contains selected information from recent financial statements of Green and White, two companies in the home improvement retail industry ($ in millions):

 The table below contains selected information from recent financial statements of

The table below contains selected information from recent financial statements of Green and White, two companies in the home improvement retail industry ($ in millions): Net sales Cost of goods sold Year-end inventory Green 1/28/2018 1/29/2017 $102,104 $95,795 67,748 63,482 13, 948 13,749 White 2/2/2018 2/3/2017 $69,819 $66,217 46,410 43,753 12,593 11,658 Required: Calculate the gross profit ratio, the inventory turnover ratio, and the average days in inventory for the two companies for their fiscal years ending in 2018. (Use 365 days a year. Round "Inventory turnover ratio" to 2 decimal places. Enter dollar amounts in millions rounded to the nearest whole number.) Choose Numerator: Gross Profit Ratio 1 Choose Denominator: 1 Gross Profit Ratio Gross profit ratio Green / 0 % 0 % White / Choose Numerator: Inventory Turnover Ratio 1 Choose Denominator: / 1 Inventory Turnover Ratio Inventory turnover ratio O times o times Green White / Average Days in Inventory Choose Denominator: Choose Numerator: = Average Days in Inventory Average days in inventory o days 0 days Green 1 White /

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