Question: Exercise 5 - 1 9 ( Static ) Inventory turnover and days' sales in inventory LO A 3 The following is information for Palmer Company.

Exercise 5-19(Static) Inventory turnover and days' sales in inventory LO A3
The following is information for Palmer Company.
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?
Exercise 5-19(Static) Inventory turnover and days' sales in inventory LO A3

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