Problem

Use the following information for Palmer Co. to compute inventory turnover for 2009 and...

Use the following information for Palmer Co. to compute inventory turnover for 2009 and 2008, and its days’ sales in inventory at December 31, 2009 and 2008. (Round answers to one decimal.) Comment on Palmer’s efficiency in using its assets to increase sales from 2008 to 2009.

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Solutions For Problems in Chapter 6

17DQ
18DQ

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