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 LIFO inventory $ 160 LIFO cost of goods sold 740 FIFO inventory 240 FIFO cost of goods sold 660 Current assets (using LIFO) 220 Current assets (using FIFO) 300 Current liabilities 200 Year 1 110 680 110 645 180 180 170 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. Numerator | 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 | Denominator Ratio Current ratio Inventory turnover Days' sales in inventory