The following information is available for The Coca-Cola Company in us. 5 millions): 2018 2017 2016 Cost of goods sold $11.770 $13,255 $16,465 Inventories 2766 2.855 2675 Current assets 30634 36545 34.010 Current liabilities 29.223 27.194 26532 In the notes to its financial statements, Coca-Cola disclosed that it uses the FIFO 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 follows The Industry averages for the inventory turnover, days in inventory, and current ratios are as follows: 2018 2017 9.7 times 7.7 times Inventory turnover Days in inventory Current ratio 38 days 47 days 1.1:1 1.3:1 (1) Calculate Coca-Cola's inventory turnover, days in inventory, and current ratios for 2018 and 2017 (Round inventory tumover and current ratio to 1 decimal place, es 15.2. Round days in inventory to nearest day) Calculate Coca-Cola's inventory turnover days in inventory, and current ratios for 2018 and 2017 (Round inventory turnover and current ratio to 1 decimal place, 48 15.2. Round days in inventory to nearest day) Inventory Turnover Days in Inventory Current Ratio 2018 times days 2017 times days 1