Please help me with show all calculation thanku Red Company and Green Company reported the following information in their financial statements:RedCompany(FIFO)$millions20212020Sales$60,00052,000GreenCompany(LIFO)COGS$45,00036,000Inventories Sales$15,00013,000$85,00082,000COGS$75,00060,000Inventories$30,00027,000To the closest hundredth, how much is 2021 inventory turnover for Green Company? Please keep two digits of youranswer.

The ratio analysis helps to analyze the financial statements of the business on the basis if the…

Red Company and Green Company reported the following information in their financial statements: Red Company (FIFO) Green Company (LIFO) $millions Sales 2021 2020 $60,000 52,000 COGS $45,000 36,000 Inventories Sales $15,000 13,000 $85,000 COGS $75,000 82,000 60,000 Inventories $30,000 27,000 To the closest hundredth, how much is 2021 inventory turnover for Green Company? Please keep two digits of your answer.