Required information Net income

Earnings per share

$(1-$a$)$ Compute days' sales uncollected.

$(1-$b$)$ For each ratio, determine if it improved or worsened in the current year.

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Compute days' sales uncollected. Net income

$(2-$a$)$ Compute accounts receivable turnover.

$(2-$b$)$ For each ratio, determine if it improved or worsened in the current year.

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Compute accounts receivable turnover.

$[$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 orfe year ago follow. Assume that all sales are on

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