Inventory Turnover and Days Sales In Inventory Financial statement data for years ending December 31 for Amsterdam Company Follow 2014 2013 Cost of merchandise sold $1,109,600 5733,212 Inventories: Beginning of year 239,440 167,900 End of year 344,560 239,440 a. Determine the inventory turnover for 2014 and 2073. Round to one decimal place. Inventory Turnover 2014 2013 b. Determine the days sales in inventory for 2014 and 2073. Assume 365 days a year. Round interim calculations and final answers to one decimal place. Days' Sales in Inventory days 2014 2013 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? Financial statement data for years ending December 31 for Amsterdam Company follow 2014 2013 Cost of merchandise sold $1,109,600 $733,212 Inventories: 239,440 167,900 Beginning of year End of year 344,560 239,440 a. Determine the inventory turnover for 2014 and 20Y3. Round to one decimal place. Inventory Turnover 2014 203 b. Determine the days sales in Inventory for 2074 and 2073. Assume 365 days a year. Round Interim calculations and final answers to one decimal place. Days' Sales in Inventory days 2014 2013 days c. Does the change in the inventory turnover and the days' sales in inventory from 2013 to 2044 indicate a favorable or an unfavorable trend