Required information (The following information applies to the questions displayed below) Simon Company's year-end balance sheets follow. Current Yr 1 Yr Ago 2 Yrs Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Connon stock, $10 par value Retained earnings Total liabilities and equity $ 29,933 89, 100 113,500 9,640 275,526 $517,699 $ 34,989 $ 36,819 62,800 51,400 85,000 58,000 9,185 4,091 254, 318 229, 190 $ 446,292 $ 379,500 $126,329 95,381 162,500 133,489 $517,699 $ 73,915 $ 49,092 100,594 82,192 162,500 162,500 109,283 85,716 $ 446,292 $ 379,500 The company's income statements for the Current Year and 1 Year Ago, follow. Assume that all sales are on credit For Year Ended December 31 Current Yr 1 Yr Ago Sales $ 673,009 5 531,087 Cost of goods sold $ 410,535 $ 345,207 Other operating expenses 208,633 134, 365 Interest expense 11,441 12,215 Incone tax expense 8 749 7,966 Total costs and expenses 639,358 499,753 Net Income $ 33,651 $ 31,334 Earnings per share $ 2.07 $ 1.93 (1-a) Compute days' sales uncollected (1-b) For each ratio, determine if it improved or worsened in the current year, Complete this question by entering your answers in the tabs below. Required 1A Required B Compute days' sales uncollected. Days Sales Uncollected Choose Denominatori Choose Numerator X Day X Current Yr: 1 Yr Ago: Days' Sales Uncollected Daya' Sales Uncollected days days X thaeuired 18 >