Financial statement data for years ending December 31 for Amsterdam Company follow: 20Y4 20Y3 Cost of merchandise sold $1,109,600 $677,075 Inventories: Beginning of year 227,760 159,140 End of year 327,040 227,760 a. Determine the inventory turnover for 2014 and 2013. Round to one decimal place. Inventory Turnover 20Y4 20Y3 b. Determine the days' sales in inventory for 20Y4 and 20Y3. Assume 365 days a year. Round interim calculations and final answers to one decimal place. Days' Sales in Inventory 20Y4 days 20Y3 days C. Does the change in the inventory turnover and the days' sales in inventory from 2083 to 2044 indicate a favorable or an unfavorable trend? Favorable