HW D5 GRADED (REQUIRED) Help 6 Exercise 6-13 Inventory turnover and days' sales in inventory LO A3 The following is information for Palmer Co. points Cost of goods sold Inding inventory Year $578,825 102,900 Year 2 5361,650 93,250 Year 1 $326,300 98,000 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 Heferences (-) Use the above information to compute Inventory turnover for Year 2, and its days' sales in inventory at December 31, Year 2 Numerator Denominator Ratio 42 Inventory turnover Days' sales in Inventory (b) Use the above information to compute inventory turnover for Year 2, and its days sal in Inventory at December 31, Year 2 Numerator Denominator Ratio Inventory tumover Days' sales in inventory & Prov 6 of 11 Next > 25