Complete this question by entering your answers in the tabs below. Determine if inventory tumover ratio improved or worsened in the current year. Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: Exercise 17-8 (Static) Analyzing and interpreting liquidity LO P3 The company's income statements for the current year and one year ago follow. Assume that all sales are on cre (1-a) Compute days' sales uncollected. (1-b) Determine if days' sales uncollected improved or worsened in the current year. (2-a) Compute accounts receivable turnover. (2-b) Determine if accounts receivable turnover ratio improved or worsened in the current year. (3-a) Compute inventory turnover. (3-b) Determine if inventory turnover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. (4-b) For each ratio, determine if days' sales in inventory improved or worsened in the current year. Complete this question by entering your answers in the tabs below. For each ratio, determine if days' sales in Inventory improved or worsened in the current year: Complete this question by entering your answers in the tabs below. Compute days' sales in inventory. Complete this question by entering your answers in the tabs below. Compute accounts receivable turnover. Complete this question by entering your answers in the tabs below. Determine if days' sales uncollected improved or worsened in the current year. Compute days' sales uncollected