half way done need help

Required information [The following information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity $ 28,505 89,900 111,000 9,179 235,074 $473,658 $ 33,319 $ 33,687 62,800 50,500 83,500 56,000 8,746 3,743 219,961 189,670 $ 408,326 $ 333,600 $120,300 $ 70,387 $ 44,916 90,829 162,500 100,029 $473,658 95,793 75,200 162,500 162,500 79,646 50,984 $ 408,326 $ 333,600 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: For Year Ended December 31 Sales Cost of goods sold Current Yr $ 615,755 $ 375,611 1 Yr Ago $ 485,908 $ 315,840 For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Current Yr $ 615,755 $ 375,611 190,884 10,468 8,005 584,968 $ 30,787 $ 1.89 1 Yr Ago $ 485,908 $ 315,840 122,935 11,176 7,289 457,240 $ 28,668 $ 1.76 Earnings per share 3-a) Compute inventory turnover. 3-b) For each ratio, determine if it improved or worsened in the current year. Required 3A Required 3B Compute inventory turnover. Inventory Turnover | Choose Denominator: Choose Numerator: Inventory Turnover Cost of goods sold | Average inventory = Inventory turnover Current Yr: $ 0 times 375,6111 315,8401 1 Yr Ago: O times Required 3A Required 3B >