The following financial statement data for years ending December 31 for Holland Company are shown below. Cost of merchandise sold i Inventories: Beginning of year End of year 2014 $1,109,600 227,760 327,040 2013 $715,765 159,140 227,760 a. Determine the inventory turnover for 2014 and 2013. Round to one decimal place. Inventory Turnover 2014 2013 b. Determine the days sales in inventory for 2014 and 2013. Assume 365 days a year. Round interim calculations and final answers to one decimal place. 2014 2013 Days' Sales in Inventory days days c. Does the change in inventory turnover and the days' sales in inventory from 2013 to 2014 indicate a favorable or an unfavorable trend?