The following is information for Palmer Co Cost of goods sold Ending inventory Year 3 $ 583,825 102,400 Year 2 $366,650 92,750 Year 1 $331,300 97, see 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. From Year 2 to Year 3 did Palmer improve its (a) Inventory turnover and (b) days' sales in inventory? 1 Use the above information to compute inventory turnover for Year 2, and its days' sales in inventory at December 31, Year 2. Numerator Denominator Ratio Inventory tumover $ 366,650/ Days' sales in inventory 0 0 4 Use the above information to compute inventory turnover for Year 3, and its days' sales in inventory at December 31, Year 3. Numerator 7 Denominator Ratio Inventory turnover Days' sales in inventory 0 0 Did Palmer improve its (a) inventory turnover from Year 2 to Year 3 and (b) days' sales in inventory from Year 2 to Year 3? (a) Did Palmer improve its inventory turnover from Year 2 to Year 3? (b) Did Palmer improve its days' sales in inventory from Year 2 to Year 3