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Cruz Company uses LFO for inventory costing and reports the following financial data. it also recomputed inventory and cost of goods sold using FIFO for comparison purposes. 1. Compute its current ratio, inventory tumovet, and days' sales in inventory for Yeat 2 using (a) LIFO numbers and ( b FiFO numbers.

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Cruz Company uses LFO for inventory costing and reports the following financial data. it also recomputed inventory and cost of goods sold using FIFO for comparison purposes. 1. Compute its current ratio, inventory tumovet, and days' sales in inventory for Yeat 2 using (a) LIFO numbers and ( b FiFO numbers

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