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.

The following is information for Palmer Co. Year 1 $603,825 $386,650 $351,300 95,500 Year 3 Year 2 Cost of goods sold Ending inventory 100,400 90,750 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 (a) Use the above information to compute inventory turnover for year and its days' sales in inventory at December 31, year 2 Numerator/DenominatorRatio Inventory turnover Days' sales in inventory b) Use the above information to compute inventory turnover for year and its days' sales in inventory at December 31, year 3 Numerator/ Denominator= Ratio Inventory turnover Days' sales in invento