Need help with question 2. Thank you

Attached please find Income Statement, Balance Sheet, and footnote 5 on LIFO inventories from General Electric's 2014 Annual Report. Answer the following questions for 2014. GE 's beginning and ending LIFO inventories were: 10,427 and 9,203, respectively. GE had a pre-tax liquidation gain of 507. Note that inventory increased despite the liquidation, because GE uses FIFO for some inventories. 1. Calculate the firm's inventory turnover ratio (COGS/average of beginning and ending inventory). 2. Recalculate the ratio in \#1 assuming that the firm used only FIFO. NOTE 5. INVENTORHES \begin{tabular}{|c|c|c|c|c|} \hline December 31 (in millions) & & 2014 & & 2013 \\ \hline GE & & & & \\ \hline Raw materials and work in process & $ & 9,820 & $ & 9,760 \\ \hline Finished goods & & 7,126 & & 7,161 \\ \hline Unbilled shipments & & 755 & & 609 \\ \hline Less revaluation to LIFO & & \begin{tabular}{r} 17,701 \\ (62) \end{tabular} & & \begin{tabular}{r} 17,530 \\ (273) \end{tabular} \\ \hline Total GE & & 17,639 & & 17,257 \\ \hline GECC & & & & \\ \hline Finished goods & & 50 & & 68 \\ \hline Total consolidated & $ & 17,689 & $ & 17,325 \\ \hline \end{tabular} (a) Our consolidated assels at December 31,2014 included total assets of $50,453 million of certain varlable interest entities (VIEs) that can only be used to settte the liabilities of those VIEs. These assets included net financing receivables of $43,620 million and investment securities of $3,374 million. Our consolidated liabilities at December 31, 2014 included liabilities of certain VIEs for which the VIE creditors do not have recourse to GE. These liabilities included non-recourse borrowings of consolidated securitization entities (CSEs) of $28,664 million. See Note 23 . (b) The sum of accumulated other comprehensive income (loss) (AOCl) attributable to the Company was $(18,172) million and $(9,120) million at December 31,2014 and 2013, respectively. (c) Inciuded AOCl attributable to noncontrolling interests of $(194) million and $(180) million at December 31,2014 and 2013 , respectively. FINANCIAL STATEMENTS STATEMENT OF EARNINGS See Note 3 for other-than-femporary impairment amounts