CH 7-Homework eBook Plan & Schedule Courses Stu Show Me How Inventory Tumover and Deys Seles in Inventory Financial statement data for years ending December 31 for Amsterdam Company follow Cost of merchandise sold Beginning of year 2014 $747,520 191,260 275,940 2013 $472,091 134,320 191,200 End of year a. Determine the inventory turnover for 2014 and 2013. Reund to one decimal place. Inventory Turnover 2014 2013 b. Determine the days sales in inventory for 2014 and 2013. Assume 365 days a year Round interim calculations and final answers to a decimal place. 2014 2013 Days' Sales in Inventory days days 6. Does the change in the Inventory turnover and the days' sales in inventory from 2013 to 2014 indicate a favorable or an unfavorable trend?