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Cruz Compsny uses LIFO for inventory costing and reports the following financial data. It also recomputed inventory and cost of goods sold using FFO for

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Cruz Compsny uses LIFO for inventory costing and reports the following financial data. It also recomputed inventory and cost of goods sold using FFO for comparison purposes: 1. Compute its current ratio, inventory turnover, and days' sales in inventory for Year 2 using ( ) LFO numbers and ( b ) FIFO numbers. (b) Compute its cument ratio, inventory furnover, and days" saies in inventory for Year 2 using fIfO

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