The following information is available for The Coca-Cola Company {in US. $mi|lions}: 2013 2017 2016 Cost of goods sold $11,770 $ 13,255 $16,465 Inventories 2,766 2,655 2 .675 Current assets 30,634 36,545 34,010 Current liabilities 29,223 27,194 26 .532 In the notes to its nancial statements, Coca-Cola disclosed that it uses the FI F0 and average cost formulas to determine the cost of its inventory. The industry averages for the inventory turnover. days in inventory. and current ratios are as fol lows: 2013 2017 Inventory turnover 9.7 times 7.7 times Days in inventory 33 days 47 days Current ratio 1.1: 1 1.3:1 (all Calculate Coca-Cola's inventory turnover, days in inventory, and current ratios for 2018 and 2017. f Round inventory mrnoverond current ratio to 1 decimal place, 2.3. 15.2. Round days in inventory to nearest doyJ Inventory Turnover Days In Inventory Current Ratio