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Exercise 6-19 Inventory turnover and days' sales in inventory A3 Use the following information for Palmer Co. 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? Year 3 Year 2 Year 1 Cost of goods sold Ending inventory $643,825 97.400 $426,650 87.750 $391,300 92,500