Deere & Company is a global manufacturer and distributor of agricultural, construction, and forestry equipment. The

company reports inventory and cost of goods sold using the LIFO method. Suppose it reported the following

information in its $2025$ annual report.

Compute Deere's inventory turnover for $2025.($Round inventory turnover to $2$ decimal places, e$.$g$.$

$5\mathrm{.}12.)$

Inventory turnover

times

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Compute Deere's days in inventory for $2025.($Round days in inventory to $0$ decimal places, e$.$g$.5.)$

Days in inventory

days

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Compute Deere's current ratio using the $2025$ data as presented, and then again after adjusting for the LIFO

reserve. $($Round answers to $2$ decimal places, e$.$g$.5\mathrm{.}12$:$1.)$

Current ratio based on data presented

Current ratio after adjusting for LIFO reserve

:$1$

:$1$