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. LIFO inventory Year 2 $ 200 Year 1 $ 150 LIFO cost of goods sold 780 720 FIFO Inventory 270 175 FIFO cost of goods sold 735 720 Current assets (using LIFO) 260 230 Current assets (using FIFO) Current liabilities 330 255 165 145 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. Numerator 1 Denominator Ratio Current 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