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 $ 150 Year 1 $ 100 LIFO cost of goods sold 730 670 FIFO inventory 220 125 FIFO cost of goods sold 685 670 Current assets (using LIFO) 210 180 Current assets (using FIFO) Current liabilities 280 205 190 170 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