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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): Green 1/28/2018 1/29/2017 $102,904 $ 96,595 68,548 6 4, 282 14,748 14,549 Net sales Cost of goods sold Year-end inventory White 2/2/2018 2/3/2017 $ 70,619 $67,017 47,210 44,553 13,393 12,458 202 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 Denominator: Choose Numerator: Gross Profit Ratio Gross profit ratio Green White 0 % 0 % Inventory Turnover Ratio Choose Denominator: Choose Numerator: = Inventory Turnover Ratio Inventory turnover ratio O times 0 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

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