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if you can help with just the following 1a 2a 3a 4a Required information Use the following information for the Exercises below. (Algo) [The following

if you can help with just the following
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2a
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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow, At December 31 Current Year 1 Year Ago 2 Years Ago Assets Cash $ 29,776 $ 35,516 $ 35,907 Accounts receivable, net 88,061 60,909 47,876 Merchandise inventory 109,613 82,951 50,988 Prepaid expenses 9,785 9,509 3,950 Plant assets, net 277,741 255,960 223,979 Total assets 5 514,976 $ 443,945 $362,700 Liabilities and Equity Accounts payable $ 128, 229 $ 72,776 $ 47,398 Long-tern notes payable 99,720 100,065 82,561 Common stock, $10 par value 163,500 163,500 162,500 Retained earnings 123,527 107,604 70,241 Total Liabilities and equity $.514,976 $ 443,945 $ 362,700 For both the current year and one year ago, compute the following ratios Exercise 17-8 (Algo) 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 credit: For Year Ended December 31 Current Year 1 Year ago Sales $ 669, 469 $ 528, 295 Cost of goods sold $ 408,376 $ 343,392 Other operating expenses 207,535 133,659 Interest expense 11,381 12,151 Income tax expense 8,703 7,924 Total costs and expenses 635,995 497,126 Net income $ 33,474 $ 31,169 Earnings per share $ 2.06 $ 1.92 (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, 12-b) Determine if accounts receivable turnover ratio improved or worsened in the current year. (3-a) Compute inventory turnover, (3-6) Determine if inventory turnover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. (4-6) For each ratio, determine if days' sales in inventory improved or worsened in the current year. 5 Required information (2-6) Determine if accounts receivable turnover ratio improved or worsened in the current year, (3-a) Compute inventory turnover. (3-6) Determine if inventory turnover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory (4-6) 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. Required 4A Required 48 Required 1A Required 18 Required 2A Required 28 Required 3A Required 30 Compute days' sales uncollected Days' Sales Uncollected Denominator: Numerator: Days Days' Sales Uncollected Days' sales uncollected days 0 days Current Year: 1 Year Ago: Required 18> B. Pof 5 Required information (2-b) Determine if accounts receivable turnover ratio improved or worsened in the current year. (3-a) Compute Inventory turnover. (3-5) Determine if inventory turnover ratlo improved or worsened in the current year. (4-a) Compute days' sales in inventory (4-6) 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. ook Required IA Required 18 Required 2A Required 28 Required 3A Required 3B Required 4A Required 48 sk Compute accounts receivable turnover. (Round your answers to the nearest whole number.) rint Accounts Receivable Turnover 1 Denominator: Numerator: 1 1 Accounts Receivable Turnover Accounts receivable turnover 0 times Otimes Fences Current Year: 1 Year Ago: B of 5 Required information (2-b) Determine if accounts receivable turnover ratio improved or worsened in the current year. (3-a) Compute inventory turnover. (3-6) Determine if inventory turnover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. (4-6) 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. ok Required 48 Required 1A Required 18 Required 2A Required 2B Required 3A Required 38 Required 4A Compute inventory turnover. (Round your answers to the nearest whole number) Inventory Turnover Numerator: Denominator: Inventory Turnover Inventory turnover Current Year: O times 1 Year Ago: 1 o times nices 3 Required information rt 2 of 5 (2-b) Determine if accounts receivable turnover ratio improved or worsened in the current year, (3-a) Compute inventory turnover. (3-6) Determine if inventory turnover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. (4-6) For each ratio, determine if days' sales In Inventory improved or worsened in the current year. hits Complete this question by entering your answers in the tabs below. Book Required 1A Required 18 Required 2A Required 28 Required 3A Required 38 Required 4A Required 48 A Compute days' sales in inventory. Print Days! Sales In Inventory Denominator: Numerator 1 X Days 1 x Days' Sales In Inventory Days' sales in inventory o days eferences Current Year: 1 Year Ago: 1 o days

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