Please help me do this problem. Explanation would be great. *Thank you for those who answer this question.*

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 $ 28,252 89,500 112,500 9,098 239,498 $ 478,848 $ 33,024 $ 34,056 62,700 51,400 82,500 52,000 8,669 3,784 225,907 202,760 $ 412,800 $ 344,000 $ 119,233 69,763 $ 45,408 98,023 162,500 107,092 $ 478,848 94,944 76,024 162,500 162,500 85,593 60,068 $ 412,800 $ 344,000 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 Other operating expenses Interest expense Income tax expense Current Yr $ 622,502 $ 379,726 192,976 10,583 8,093 1 Yr Ago $ 491,232 $ 319,301 124,282 11,298 7,368 $ 119,233 69,763 $ 45,408 Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 90,023 162,500 107,092 $ 478,848 94,944 76,024 162,500 162,500 85,593 60,068 $ 412,800 $ 344,000 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit: 1 Yr Ago $ 491,232 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 $622,502 $ 379,726 192,976 10,583 8,093 591,378 $ 31,124 $ 319,301 124, 282 11,298 7,368 462,249 28,983 Earnings per share $ 1.92 $ 1.78 1-a) Compute days' sales uncollected. 1-b) For each ratio, determine if it improved or worsened in the current year. 1-a) Compute days' sales uncollected. 1-b) For each ratio, determine if it improved or worsened in the current year. 4 Complete this question by entering your answers in the tabs below. Required 1A Required 1B Compute days' sales uncollected. Days Sales Uncollected 1 Choose Denominator: Choose Numerator: X Days 30 Days' Sales Uncollected Days' Sales Uncollected 1 Current Ye: 7 0 days 0 days X = ces 1 Yr Ago: Required 1B >