Required information 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 Year $ 450,670 229,029 12,560 9,604 $ 738,803 $ 583,007 1 Year Ago $ 378,955 147,501 13,409 8,745 701,863 $ 36,940 548,610 $ 34,397 $2.12 Earnings per share (1-a) Compute days' sales uncollected. $ 2.27 (1-b) Determine if days' sales uncollected improved or worsened in the current year. (2-a) Compute accounts receivable turnover. (2-b) Determine if accounts receivable turnover ratio improved or worsened in the current year. (3-a) Compute inventory turnover. (3-b) Determine if inventory turnover ratio improved or worsened in the current year. (4-a) Compute days' sales in inventory. (4-b) 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 1A Required 1B Required 2A Required 2B Required 3A Required 3B Required 4A Required 4B Compute days' sales uncollected. Current Year: Days' Sales Uncollected Numerator: 1 Denominator: X X Days = II =U Days' Sales Uncollected Days' sales uncollected 0 days