Inventory Tumover and Days Sales in Inventory The following financial statement data for years ending December 31 for Holland Company are shown below. 2014 2093 Cost of merchandise sold $835,120 $541,733 Inventories: Beginning of year $155.490 $108,770 End of year 224,110 155,490 a. Determine the inventory tumover for 2014 and 20Y3. Round to one decimal place Inventory Turnover 2014 2.2 X 2013 b. Determine the days sales in inventory for 2014 and 2073. Assume 365 days a year Round interim calculations and final answers to one decimal places Days' Sales In Inventory 2014 2093 days days c. Does the change in inventory turnover and the days' sales in inventory from 2013 to 2044 indicate a favorable or an unfavorable trend? Favorable Feedback