The following information for Whittier Technologies was taken from the company's financial statements (amounts in thousands):

Instructions:
1. Compute the inventory turnover and the number of days' sales in inventory for the years 2011-2013. Use average inventory in your calculations.
2. Evaluate Whittier's inventory turnover trend.

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2013 2012 2011 2010 Sales Cost of goods sold Inventory Accounts receivable Accounts payable Net income $60,000 $51,000 $39,000 $30,000 1,200 34,900 26,500 22,200 1,800 4.700 2,400 4.100 3,000 2,700 5,200 2,200 5,100 1,900 4.950 5,600 7,260 6,540