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Required information [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: (3-a) Compute inventory turnover: (3-b) For each ratio, determine if it improved or worsened in the current year. (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