The following is information for Palmer Company. Year 3 $ 593,825 101,400 Year 2 $ 376,650 91,750 Year 1 $ 341,300 96,500 Cost of goods sold Ending inventory 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? Ratio 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 Inventory turnover Days' sales in inventory 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 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 tumover from Year 2 to Year 3? (b) Did Palmer improve its days' sales in inventory from Year 2 to Year 3