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The following is information for Palmer Co. Cost of goods sold 2015 $643,825 97,400 2014 $426,650 87,750 2013 $391,300 92,500 Use the above information to
The following is information for Palmer Co. Cost of goods sold 2015 $643,825 97,400 2014 $426,650 87,750 2013 $391,300 92,500 Use the above information to compute inventory turnover for 2015 and 2014, and its days' sales in inventory at December 31, 2015 and 2014. Use the above information to compute inventory turnover for 2014, and its days' sales in inventory at December 31, 2015 and 2014. Use the above information to compute inventory turnover for 2015, and its days, sales in inventory at December 31, 2015
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