Question: apter 06 Accounting Problems Seved Help Save Ched 3 Exercise 6-13 Inventory turnover and days' sales in inventory LO A3 The following is information for

 apter 06 Accounting Problems Seved Help Save Ched 3 Exercise 6-13

apter 06 Accounting Problems Seved Help Save Ched 3 Exercise 6-13 Inventory turnover and days' sales in inventory LO A3 The following is information for Palmer Co. Cost of goods sold Ending inventory Year 3 $633,825 97,400 Year 2 $416,650 87,750 Year 1 $381,300 92,500 Book Al Use the above information to compute inventory turnover for Year 3 and Year 2, and its anys sales in inventory at December 31, Year 3 and Year 2 (4) Use the above information to compute Inventory turnover for Year 2, and its days sales in Inventory at December 31, Yoar 2. Numerator Denominator Ratio Inventory turnover Days' sales in inventory (6) Use the above information to compute Inventory turnover for Year, and its days' sales in inventory at December 31, Year 3 Numerator Danominator Ratio Inventory turnover Dayssa in inventory G HI

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