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The following is information for Palmer Co. The following is information for Palmer Co. Cost of goods sold $558,825 $341,658 $306,300 184,980 Ending inventory 95,258

The following is information for Palmer Co.
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The following is information for Palmer Co. Cost of goods sold $558,825 $341,658 $306,300 184,980 Ending inventory 95,258 100,800 Use the above information to compute inventory turnover for 2017 and 2016, and its days' sales in inventory at December 31, 2017 and 2016. (a) Use the above information to compute inventory turnover for 2016, and its days' sales in inventory at December 31, 2016. Numerator Denominator "Ratio Inventory turnover Days sales in inventory ) Use the above information to compute inventory turnover for 2017, and its days' sales in inventory at December 31, 2017 NumeratorDenominator Ratio Inventory turnover Days' sales in inventory

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