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Business, 18.03.2021 01:30 AM28

The following is information for Palmer Co. Year 3 Year 2 Year 1 Cost of goods sold $ 588,825 $ 371,650 $ 336,300 Ending inventory 101,900 92,250 97,000 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

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The following is information for Palmer Co. Year 3 Year 2 Year 1 Cost of goods sold $ 588,825 $ 371,...
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