ventory Turnover and Days' Sales in Inventory the following financial statement data for years ending December 31 for Holland Company are shown below. 2014 20Y3 Cost of merchandise sold $1,862,960 $1,212,165 Inventories: Beginning of year 347,480 243,820 End of year 499,320 347,480 a. Determine the inventory turnover for 2014 and 20Y3. Round to one decimal place. Inventory Turnover 2014 2043 b. Determine the days' sales in Inventory for 2014 and 20Y3. Assume 365 days a year. Round interim calculations and final answers to one decimal place