View Policies Current Attempt in Progress - / 17 Deere & Company is a global manufacturer and distributor of agricultural, construction, and forestry equipment. The company reports inventory and cost of goods sold using the LIFO method. Suppose it reported the following information in its 2022 annual report 2021 3,150 (in millions) Inventories Current assets Current liabilities LIFO reserve Cost of goods sold 2022 $2,450 29,232 12,600 5,292 16.184 (a 1) Compute Deere's inventory turnover for 2022. (Round inventory turnover to 2 decimal places, e.g. 5.12.) Inventory turnover e Textbook and Media Submit Answer Attempts: 0 of 3 used Save for Later Question 5 of 6 0/17 III View Policies Show Attempt History Current Attempt in Progress Deere & Company is a global manufacturer and distributor of agricultural, construction, and forestry equipment. The company reports inventory and cost of goods sold using the LIFO method. Suppose it reported the following information in its 2022 annual report 2021 3,150 (in millions) Inventories Current assets Current liabilities LIFO reserve Cost of goods sold 2022 $2.450 29,232 12,600 5,292 16.184 (a 1) Your Answer Correct Answer X Your answer is incorrect. Compute Deere's inventory turnover for 2022. (Round inventory turnover to 2 decimal places, e.g. 5.12.) 128 Solution Attempts: 3 of 3 used (a2) Compute Deere's days in inventory for 2022. (Round days in inventory to 0 decimal places, e.g. 5.) Days in inventory days e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later (b) The parts of this question must be completed in order. This part will be available when you complete the part above