In answering the questions below, assume a tax rate of 21% for all periods. Also, assume that John Deere paid all its income taxes in the reporting period in which they are due. The average inventory turnover is an important indicator for how efficiently firms use their inventory. What is the average inventory turnover of John Deere for fiscal year 2022 using the reported numbers in balance sheet and income statement? John Deere's main competitor AGCO, manufacturer of beloved agricultural brands such as Fendt and Massey Ferguson, reports inventory using exclusively the FIFO cost-flow assumption. AGCO's inventory turnover is 3.75. Which company uses its inventory more efficiently if you assess them at a comparable basis? Circle your choice and explain your choice. In answering the questions below, assume a tax rate of 21% for all periods. Also, assume that John Deere paid all its income taxes in the reporting period in which they are due. The average inventory turnover is an important indicator for how efficiently firms use their inventory. What is the average inventory turnover of John Deere for fiscal year 2022 using the reported numbers in balance sheet and income statement? John Deere's main competitor AGCO, manufacturer of beloved agricultural brands such as Fendt and Massey Ferguson, reports inventory using exclusively the FIFO cost-flow assumption. AGCO's inventory turnover is 3.75. Which company uses its inventory more efficiently if you assess them at a comparable basis? Circle your choice and explain your choice