Exercise 5-13 Inventory turnover and days' sales in inventory LO A3 The following is information for Palmer Co. Year 3 $573,825 103,400 Cont of goods sold Ending inventory Year 2 $356,650 93,750 Year 1 $321,300 98,500 TV Use the above information to compute Inventory turnover for Year 3 and Year 2, and its clays' sales in inventory at December 31, Year 3 and Year 2 orences (a) Use the above information to compute inventory turnover for Year 2, and its days' sales in Inventory at December 31, Year 2 Numerator 1 Denominator Ratio Inventory turnover 0 Days' sales in inventory 0 (6) Use the above information to compute Inventory turnover for Year 3, and its days' sales in inventory at December 31, Year 3 Numerator Denominator Ratio Inventory tumover 0 0 Days' salen in Inventory