Cruz Company uses LIFO for inventory costing and reports the following financial data. It also recomputed Inventory and cost of goods sold using FIFO for comparison purposes. LIPO inventory Year 2 $310 Year 1 $ 260 LITO cost of goods sold 890 830 FIFO inventory 380 285 FIFO cost of goods sold 845 8301 Current assets (using LIFO) 370 340 440 365 185 165 Current assets (using FIFO) Current liabilities. 1. Compute its current ratio, inventory turnover, and days' sales in inventory for Year 2 using (a) LIFO numbers and (b) FIFO numbers. (a) Compute its current ratio, Inventory turnover, and days' sales in inventory for Year 2 using LIFO numbers. Current ratio Numerator Denominator Ratio Inventory turnover Days' sales in inventory (b) Compute its current ratio, inventory turnover, and days' sales in inventory for Year 2 using FIFO numbers. Current ratio Inventory turnover Days' sales in inventory Numerator Denominator Ratio