(2-a) Compute accounts receivable turnover.

(2-b) For each ratio, determine if it improved or worsened in the current year.

(3-a) Compute inventory turnover.

(3-b) For each ratio, determine if it improved are worsened on the current year.

(4-a) Compute inventory turnover.

(4-b) For each ratio, determine if it improved are worsened on the current year.

Exercise 13-8 (Algo) Analyzing and interpreting liquidity LO P3 [Alternate Version] [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