The records at the end of January 2012 for Captain Company showed the following for a particular kind of merchandise:

Inventory, December 31, 2011, at FIFO: 18 Units @ $17 = $306

Inventory, December 31, 2011, at LIFO: 18 Units @ $13 = $234

Transactions	Units	Unit Cost						Total Cost
Purchase, January 9, 2012	27		$	15				$405
Purchase, January 20, 2012	55			20				1,100
Sale, January 21, 2012 (at $41 per unit)	40
Sale, January 27, 2012 (at $42 per unit)	26

Required:

1.	Compute the inventory turnover ratio under the FIFO and LIFO inventory costing methods. (Do not round intermediate calculations and round your final answers to 2 decimal places.)

FIFO Inventory turnover ratio
LIFO Inventory turnover ratio