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. Year 2 $ 220 800 Year 1 $170 740 195 290 LIFO inventory LIFO cost of goods sold FIFO inventory FIFO cost of goods sold Current assets (using LIFO) Current assets (using FIFO) Current liabilities 755 280 350 180 250 275 160 1. Compute its current ratio, inventory turnover, and days' sales in inventory for year 2 using (2) LIFO numbers and (6) 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. Numerator 1 Denominator Ratio Current ratio Inventory turnover Days' sales in inventory