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Simon Company's year-end balance sheets follow.

At December 31	Current Year	1 Year Ago	2 Years Ago
Assets
Cash	$ 29,976	$ 33,998	$ 36,131
Accounts receivable, net	86,020	58,890	46,757
Merchandise inventory	110,316	81,028	50,808
Prepaid expenses	9,749	9,289	3,975
Plant assets, net	266,978	250,449	220,129
Total assets	$ 503,039	$ 433,654	$ 357,800
Liabilities and Equity
Accounts payable	$ 121,499	$ 73,288	$ 48,174
Long-term notes payable	92,680	101,735	81,446
Common stock, $10 par value	162,500	162,500	162,500
Retained earnings	126,360	96,131	65,680
Total liabilities and equity	$ 503,039	$ 433,654	$ 357,800

For both the current year and one year ago, compute the following ratios:

The companys 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		$ 653,951		$ 516,048
Cost of goods sold	$ 398,910		$ 335,431
Other operating expenses	202,725		130,560
Interest expense	11,117		11,869
Income tax expense	8,501		7,741
Total costs and expenses		621,253		485,601
Net income		$ 32,698		$ 30,447
Earnings per share		$ 2.01		$ 1.87

Required 1A and Required 4A

Compute days' sales uncollected. Compute days' sales in inventory