Select financial data for Starbucks Corporation is as follows (in millions of dollars):* Current assets ($9,756.4)

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Select financial data for Starbucks Corporation is as follows (in millions of dollars):*

• Current assets \($9,756.4\)

• Inventory \($1,603.9\) (end of fiscal 2021) and \($1,551.4\) (end of fiscal 2020)

• Current liabilities \($8,151.4\)

• Cost of goods sold \($8,738.7\) 

1. Calculate the current ratio.

2. Calculate inventory turnover.

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