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help!! Required information The following information applies to the questions disployed below] Simon Company's year-end balance sheets tollow. The company's income statements for the current
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Required information The following information applies to the questions disployed below] Simon Company's year-end balance sheets tollow. The company's income statements for the current year and one year ago follow. Assume that all sales are on credt: (1-a) Compute days' sales uncollected. (1-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. Complete this question by entering your answers in the tabs below. Compute days' sales uncollected. (1-a) Compute days' sales uncollected. (1-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. For each ratio, determine if it improved or worsened in the current year Step by Step Solution
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