Exercise 8-25 (Algo) Ratio analysis: Home Depot and Lowe's [LO8-7) Real World Financials The table below contains selected information from recent financial statements of Green and White, two companies in the home Improvement retall Industry (s in millions) Net sales Cost of goods sold Year-end inventory Green 1/28/2018 1/29/2017 $101,804 595,495 67,448 63,182 13,648 13,449 White 2/2/2010 2/3/2017 569,519 565,917 46,110 43,453 12,293 11,358 Required: Calculate the gross profit ratio, the inventory turnover ratio, and the average days in Inventory for the two companies for their fiscal years ending in 2018. (Use 365 days a year. Round "inventory turnover ratlo" to 2 decimal places. Enter dollar amounts In millons rounded to the nearest whole number) Gross Profit Ratio Choose Denominator: Choose Numeraton Gross Profit Ratio Gross profit ratio 0 % Green White 0 % Inventory Turnover Ratio Choose Denominator: Choose Numerator: Inventory Turnover Ratio Inventory tumovet ratio O times O times Green White Average Days in Inventory Choose Denominator Choose Numerator: Average Days in Inventory Average days in inventory o days 0 days Green White