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: Exerclse 13-8 (Algo) Part 3 [Alternate Verslon] (3-a) Compute inventory turnover. (3-b) For each ratio, determine if it improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Compute inventory turnover