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CAN YOU HELP ME WITH THIS QUESTION PLEASE AND CAN YOU PLEASE EXPLAIN THE ANSWER HOW TO CALCULATE AND EXPLAIN IT FOR ME PLEASE, THANK

CAN YOU HELP ME WITH THIS QUESTION PLEASE AND CAN YOU PLEASE EXPLAIN THE ANSWER HOW TO CALCULATE AND EXPLAIN IT FOR ME PLEASE, THANK YOU SO MUCH!

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Problem 6-11A The following information is available for The Coca-Cola Company (in U.S. millions): Cost of goods sold Inventories Current assets Current liabilities 2015 $17,482 2,902 33,395 26,930 2014 $17,889 3,100 32,986 32,374 2013 $18,421 3,277 31,304 27,811 In the notes to its financial statements, Coca-Cola disclosed that it uses the FIFO and average cost formulas to determine the cost of its inventory. The industry averages for the inventory turnover, days in inventory, and current ratios are as follows: Inventory turnover Days in inventory Current ratio 2015 8.7 times 42 days 1.3:1 2014 9.1 times 40 days 1.1:1 (al) Calculate Coca-Cola's inventory turnover, days in inventory, and current ratios for 2015 and 2014. (Round inventory turnover and current ratio to I decimal place, e.g. 15.2. Round days in inventory to nearest day.) Inventory Turnover Days In Inventory Current Ratio 2015 times days 2014 times days

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