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Real World Financials The table below contains selected information from recent financial statements of Green and White, two companies in the home improvement retail industry

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Real World Financials The table below contains selected information from recent financial statements of Green and White, two companies in the home improvement retail industry ($ in millions): Net sales Cost of goods sold Year-end inventory Green 1/28/2018 1/29/2017 $102,804 $ 96,495 68,448 64,182 14,648 14,449 White 2/2/2018 2/3/2017 $70,519 $66,917 47,110 44,453 13, 293 12,358 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 ratio" to 2 decimal places. Enter dollar amounts in millions rounded to the nearest whole number.) Gross Profit Ratio Choose Numerator: 1 Choose Denominator: Gross Profit Ratio 1 = Gross profit ratio Green / 0 % White / = 0 % Inventory Turnover Ratio Choose Numerator: 1 Choose Denominator: = Inventory Turnover Ratio / = Inventory turnover ratio Green / 0 times 0 times White 1 Average Days in Inventory Choose Numerator: Choose Denominator: = Average Days in Inventory Average days in inventory 0 days 0 days Green 1 White /

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