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(1-a) Compute days' sales uncollected. (1-b) For each ratio, determine if it improved or worsened in the current year. (2-a) Compute accounts receivable turnover. (2-b)
(1-a) Compute days' sales uncollected.
(1-b) For each ratio, determine if it improved or worsened in the current year.
(2-a) Compute accounts receivable turnover.
(2-b) For each ratio, determine if it improved or worsened in the current year.
Please help me with 1a-b and 2a-b!! Thank you!
Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. The company\’s income statements for the current year and one year ago follow. Assume that all sales are on credit: Compute days' sales uncollected. For each ratio, determine if it improved or worsened in the current year. Compute accounts receivable turnover. For each ratio, determine if it improved or wors
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