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cation.com/ext/map/index.html con conexternal browser launch 1 Savon Help 50 Real World Financials The table below contains selected information from recent financial statements of Green and

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cation.com/ext/map/index.html con conexternal browser launch 1 Savon Help 50 Real World Financials 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 $102,304 $95,995 67,948 63,682 14,148 13,949 White 2/2/2018 2/3/2017 $70,019 566,417 46,610 43,953 12,793 11,858 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 Numer Code Gross Prolit Ratio Gross profit ratio % % Green White om Ratio Choose Denominator: Inventory Toner Ratio Choose Numer rounded to the nearest whole number.) corse Gros Porto Gross profit ratio 1 = Green % White % Choose Numeratow Inventory Turnover Ratio Inventory turnover ratio Green White times times Average Days in Inventory Choose Denominator: Choose Numeraton Average Days in Inventory Average days in inventory days days Green White

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