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 Common stock, $10 par value Retained earnings Total liabilities and equity $ 27,690 89,900 114,500 8,917 233, 053 $ 474,860 $ 32,367 $ 33,715 62,500 51,700 84,000 53,000 8,496 3,746 221,309 201,839 $ 488,672 $ 344,000 $ 116,861 88,232 162,500 106,467 $ 474,068 $ 68,375$ 44,954 93,055 75,264 162,500 162,500 84,742 61,282 $ 408,672 $ 344, eee The company's income statements for the current year and one year ago follow. Assume that all sales are on credit: For Year Ended December 31 Current Yr 1 Yr Ago Sales $ 616,278 $ 486,320 Cost of goods sold $ 375,930 $ 316, 108 Other operating expenses 191,846 123,039 Interest expense 12,477 11,185 Income tax expense 8,012 7,295 Total costs and expenses 585,465 457,627 Net income $ 30,813 $ 28,693 Earnings per share $ 1.90 $ 1.77 (1-a) Compute days' sales uncollected (1-6) 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 18 Complete this question by entering your answers in the tabs below. Required IA Required 10 Compute days' sales uncollected Choose Numerator: Days Sales Uncollected 1 Choose Denominator Days Current Yr: 1 Ye Ago. = Days Sales Uncollected Days' sales uncollected 0 days - O days X end 12 Required 18 >