eBook The following is information for Palmer Company. Cost of goods sold Ending inventory Year 3 $ 573,825 103,400 Year 2 Year 1 $356,650 $ 321,300 93,750 98,500 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 Hint Inventory turnover Days' sales in inventory Print Numerator Denominator Ratio Use the above information to compute inventory turnover for Year 3, and its days' sales in inventory at December 31, Year 3. eferences Inventory turnover Days' sales in inventory Numerator Denominator Ratio Did Palmer improve its (a) inventory turnover from Year 2 to Year 3 and (b) days' sales in inventory from Year 2 to Year 37 (a) Did Palmer improve its inventory turnover from Year 2 to Year 37 (b) Did Palmer improve its days' sales in inventory from Year 2 to Year 37