With the information shown what is the current ratio based on inventory using LIFO (Round answer to 2 decimal places)Inventory turnover: 11 times Days in inventory: 33.18 days

CurrentAttemptinProgress Suppose this information (in millions) is available for the Automotive and Other Operations Divisions of General Motors Corporatlo for a recent year. General Motors uses the LIFO inventory method. Beginning inventory $14.491 Ending inventory 16,401 LIFO reserve 1,362 Current assets 55,842 Current liabilities 68 100 Cost of goods sold 169.906 Sales revenue 175.880 a Your answer is correct. Calculate the inventory turnover and days in inventory. (Round answers to 1 decimal place, es. 5.1.) inventory turnover times Days in inventory 36.18. days