Required information [The following information applies to the questions displayed below] Simon Company's year-end balance sheets follow. For both the current year and one year ago, compute the following ratios: The company's income statements for the current year and one year ago follow. Assume that all sales are on credit: (1.b) Determine if days' sales uncollected improved or worsened in the current year: (2-a) Compute accounts receivable tumover. (2-b) Determine if accounts recelvable 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. Compute days' sales uncollected. Complete this question by entering your answers in the tabs below. Determine if days' sales uncollected 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. Compute accounts recelvable turnover. (Round your answers to the nearest whole number.) Complete this question by entering your answers in the tabs below. Determine if accounts recelvable turnover ratio improved or worsened in the current year. ompute inventory turnover. (Round your answers to the nearest whole number.) 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. Determine if inventory tumover ratio improved or worsened in the current year. Complete this question by entering your answers in the tabs below. Compute days' sales in inventory. Complete this question by entering your answers in the tabs below. For each ratio, determine if days' sales in inventory improved or worsened in the current year