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 $101,804 $95,495 67,448 63,182 13,648 13,449 White 2/2/2018 2/3/2017 $69,519 $65,917 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 ratio" to 2 decimal places. Enter dollar amounts in millions rounded to the nearest whole number.) Gross Profit Ratio 1 Choose Denominator: 1 1 Net sales = Choose Numerator: Gross profit Gross Profit Ratio Gross profit ratio Green / = 0 % White 1 = 0 % = Choose Numerator: Cost of goods sold Inventory Turnover Ratio 1 Choose Denominator: 1 1 Average inventory 1 = Inventory Turnover Ratio Inventory turnover ratio 0 times Green = White 1 = 0 times = Choose Numerator: Total number of days Average Days in Inventory 1 Choose Denominator: Inventory turnover ratio 1 Average Days in Inventory Average days in inventory 0 days 0 days Green = White / 1