Business, 27.02.2020 21:46 jetblackcap

The following is information for Palmer Co.
2017 2016 2015
Cost of goods sold $ 578,825 $ 361,650 $ 326,300
Ending inventory 102,900 93,250 98,000
Required:
A) Use the above information to compute inventory turnover for 2017 and 2016, and its days' sales in inventory at December 31, 2017 and 2016.

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The following is information for Palmer Co.
2017 2016 2015
Cost of goods sold $ 578,82...

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