Suppose this information (in millions) is available for the Automotive and Other Operations Divisions of General Motors Corporation for a recent year. General Motors uses the LIFO inventory method. Calculate the imventory turnover and days in inventory. (Round answers to 1 decimol ploce, eg. 5.1.) The inventory turnover times Days in inventory diass Attempts: 2 of : (b) Your answer is correct. Calculate the current ratio based on inventory as reported using LIFO. (Round onswer to 2 decimal places, eg. 5.12.) The current ratio based on inventory using LIFO 1 27 Your answer is incorrect. Calculate the current ratio after adjusting for the L.IFO reserve. (Round answer to 2 decimal places, eg. 5.12.) The current ratio after adjusting for the LIFO reserve 1