The following is information for Palmer Company Year 3 Year 2 Year 1 Cost of goods sold $ 568,825 $ 351,650 $ 316,300 Ending inventory 103,900 94,250 99,000 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? Use the above information to compute inventory turnover for Year 2, and its days' sales in inventory at December 31, Year 2. Numerator Denominator Inventory turnover Days' sales in inventory Ratio 0 0 Use the above information to compute inventory turnover for Year 3, and its days' sales in Inventory at December 31, Year 3. Numerator 1 Denominat: Ratio Inventory turnover 0 Days' sales in inventory 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) Old Palmer improve its inventory turnover from Year 2 to Year 37 (b) Did Palmer improve its days' sales in inventory from Year 2 to Year 3