Check my work 8 Gross Profit Ratio 1 Choose Denominator: Choose Numerator: = Gross Profit Ratio / = Gross profit ratio 2.5 points Green / 0 % White 1 = 0 % Skipped Inventory Turnover Ratio 1 1 Choose Denominator: Choose Numerator: = eBook Inventory Turnover Ratio Inventory turnover ratio / = Hint Green / O times White / = Ask O times Print Average Days in Inventory 1 Choose Denominator: References Choose Numerator: Average Days in Inventory Average days in inventory 0 days 0 days Green 1 = White / Check my work 00 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): 2.5 points Skloped 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 $66,417 46,610 43,953 12,793 11,858 eBook Hint 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.) Ask Print References Gross Profit Ratio 1 Choose Denominator: Choose Numerator: = Gross Profit Ratio Gross profit ratio / Green 1 0 % 0 0 % White /