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The Green Gator Shop had the folliowing imventory data: Iti (Click the icon to view the inventory data.) Read the Requirement 1. Green Gator need
The Green Gator Shop had the folliowing imventory data: Iti (Click the icon to view the inventory data.) Read the Requirement 1. Green Gator need to know the company's gross profit percentage and rate of inventory tumover for 2021 under (1) FIFO, and (2) LIFO. Bonin bv calculating the gross profit percentage. (Enter the percentage to the nearest tenth of a percent, XX\%. Do not enter the % symbol in the input field.) Data table 1. Company managers need to know the company's gross profit percentage and rate of inventory turnover for 2021 under 1. FIFO. 2. LIFO. 2. Which method produces a higher gross profit percentage? A higher inventory turnover
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