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Required information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. At December 31 Current Y 1 Yr Ago

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Required information [The following information applies to the questions displayed below.) Simon Company's year-end balance sheets follow. At December 31 Current Y 1 Yr Ago 2 Yrs Ago Assets Cash $ 24,786 $ 28,973 $ 29,878 Accounts receivable, net 89, 100 62,800 51,9ee Merchandise inventory 112.580 84,500 57. Bee Prepaid expenses 7,982 7,605 3,328 Plant assets, net 185, 738 178, 282 159, 702 Total assets $420,106 5 362,160 $ 301,800 Liabilities and Equity Accounts payable $104,686 $ 61,295 $ 39,838 Long-tern notes payable secured by mortgages on plant assets 78,980 83,297 66,698 Common stock, $10 par value 162,500 162,50 162, see Retained earnings 74,820 55,158 32,764 Total liabilities and equity 5420, 106 $362,150 $ 381,800 The company's income statements for the Current year and 1 Year Ago follow. Assume that all sales are on credit For Year Ende December 31 Current VE Sales Cost of goods sold $ 333, 144 $ 546,138 $ 280,131 Other operating expenses 169,383 109,035 interest expense 9,284 9,912 Income tax expense 7,100 Total costs and expenses 518,831 6.465 405,543 Net income $ 27,307 $ 25,427 Earnings per share $ 1.68 $ 1.56 la) Comeute days sales uncollected For each ratio determine if it improved or worsened in the current year Complete this question by entering vour answers in the tabs below: Required 1A Required 18 Compute days' sales uncollected. Days Sales Uncollected Days Sales Uncollected Current Yr: 1 Yr Ago oday day Required 18>

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