Use the following information for Palmer Co. to compute inventory turnover for 2011 and 2010, and its
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Use the following information for Palmer Co. to compute inventory turnover for 2011 and 2010, and its days' sales in inventory at December 31, 2011 and 2010. (Round answers to one decimal.) Comment on Palmer's efficiency in using its assets to increase sales from 2010 to 2011.
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