7 Cash Accounts receivable, net chandla Inventary Prepaid vapenses Plant assets, t Liabilities and Equity accounts payabl Long-tere notes payable secured by ortgages on plant assets fetated earnings 10 10 Total liabilities and equity $2,500 3,500 5,000 255,000 230, $123,000 $445,000 1 377,500 $139,000 175,258 $1.250 163,500 131,100 523,000 104,350 The company's income statements for the Current Year and 1 Year Ago, follow Assume that all sales are on credit Sales Cost of goods sold 200.550 Interest expense 12,100 Income tax spee 9.125 Total costs and expenses Set Income $29.375 1.90 (1-4) Compute days sales uncollected (1-6) For each ratio, determine if it improved or worsened in the current year Complete this question by entering your answers in the tabs below. Required LA Check