cer 13 Homework Help 5 Syy www The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow of 4 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses plant annets, het sotal aseta abilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earning Total 1sabilities and equity Current YE 1. Yengo 2 YES Ago $ 25, 49 520,212 5 31.471 89,200 62.500 52,000 111,500 $2.500 59.000 8,323 7,931 3.497 207.632 198,324 175.133 $442,502 $ 381,467 S 321, 100 $109, 001 563.823 $ 41,961 wences 82,350 162,500 88.569 5442, 502 86,660 70.253 162.500 162,500 68,2014 46,386 $ 381. 467 323.100 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit For Your Ended December 31 Sales Cost of goods sold other operating expenses Interest and Inco tax expense Total costs and expenses Not income Current $575,253 $ 350, 300 170,328 9.779 7.478 546.489 5 28.764 1 M $ 453,946 $295,065 114.346 10.441 6,309 427,163 $26.783 5 1.65 5 1.79 Earnings per share 3396 . O 11 G here to search Exercise 13-8 Part 1 (1-0) 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 1A Required 18 Compute days' sales uncollected. Days Sales Uncollected Choose Denominator: Days Days' Sales Uncollected Days Sales Uncollected X Choose Numarator: X days X Current Yr: 1 Yr Ago: Required 13 > Next > 6 5 of 15 7 8 352 3 e to search