Exercise 6-19 (Algo) Inventory turnover and days' sales in inventory LO A3 The following is information for Palmer Company. Cost of goods sold Ending inventory 1158,825 Year 2 $341,650 95,250 Year 2 5 106,300 100,000 Use the above information to compute inventory turnover for Year 3 and Year 2, and its days sales in inventory at December 31 Year 2 and Year 2. From Year 2 to Year 3, did Palmer improve its (a) inventory tumover and (2 days sales in inventory Use the above information to compute inventory tumover for Year 2, and its days' sales in inventory at December 21, Year 2 Inventory turnover Days sales in inventory Numerator 341,050 Denominator $ 95.250 $341.000 Use the above information to compute inventory turnover for Year 3, and its days' sales in inventory at December 21, Year 2 Inventory turmover Days sales in anventory Mutherutor Denominatar Ra Did Palmer improve its [antory turnover from Year 2 Year 3 and 30 days sales in inventory free Year 2 Year (a) Did Painer improve its inventory tamover from Year 2 Year 3 d) Did Painer improve the days' sales in inventory from Year 2 to Year 3 Check my work