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Saved Help The following is information for Palmer Co. Cost of goods sold Ending inventory Year 3 $608,825 99,900 Year 2 $391,650 90, 250 Year

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Saved Help The following is information for Palmer Co. Cost of goods sold Ending inventory Year 3 $608,825 99,900 Year 2 $391,650 90, 250 Year 1 $356,388 95, eee 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 (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 Days' sales in inventory 0 (b) 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 turnover 0 Days' sales in Inventory 0 2 ty 17

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