10 The following is information for Palmer Company. 5 Gints 800.57.36 oBook Hint Help Save & Exit Submit Check my work Year 2 Cost of goods sold Ending inventory Year 3 $ 593,825 101,400 $ 376,650 91,750 Year 1 $341,300 96,500 Use the above information to compute inventory turnover for Year 3 and Year 2, and its days' sales in inventory at December 31, Year 3 and Year 2. From Year 2 to Year 3, did Palmer improve its (a) inventory turnover and (b) days' sales in inventory? Use the above information to compute inventory turnover for Year 2, and its days' sales in inventory at December 31, Year 2 Inventory turnover - Pont Days' sales in inventory References Numerator Denominator, Ratio Use the above information to compute inventory turnover for Year 3, and its days' sales in inventory at December 31, Year 1 inventory turnover Mc Numerator 1 Denominator Ratio